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The distribution of STARS is designed to front-load inflation in order to bootstrap the network. This is a similar issuance schedule to Bitcoin. However, instead of halvings, issuance is cut by 1/3 each year (by multiplying the current issuance by a reduction factor of 2/3). Osmosis was the first protocol to use a “thirding” token release schedule and heavily inspired Stargaze’s design.
More details:
Stargaze had a tokenomics update to cut inflation and supplement staking rewards from the community pool. The new maximum supply is 3 billion STARS.