Greetings,
The proposal is a bad idea.
Do not increase the supply.
Here is an alternative idea :
- Transfer 10% to 30% into the treasury from the staking rewards. Meaning instead of the average 10% or so APR delegators of one will get somewhere to 9% to 6%.
- Decreasing the supply rate will increase the price in the long run
- Reimburse those who lost funds periodically while the price increases
Effectively this is similar to how the Cardano treasury works for sustainability and funding. Just have to vote on the percentage transfered into the treasury (meaning also the decrease in staking rewards).
For reassurance, I’m a Cardano stake pool operator (also $One delegator) & Cardano works fine with delegators earning 4% to 6% annual staking rewards and 20% going into the treasury every epoch (which now holds roughly $500M in Ada & funds community proposals).