Aleph Zero Blog
Governance

Voting for Proposal 4—AZERO first-year emission—is now live!

Sep 25, 2024

AI Summary

Here's your AI summary of Voting for Proposal 4—AZERO first-year emission—is now live! on Aleph Zero blog

Top 10 key takeaways:

  1. Voting Period: Voting for Proposal 4—AZERO first-year emission—is now live and will last for 5 days, concluding on September 30th.
  2. Previous Vote Outcome: The Aleph Zero community previously voted for a maximum supply of 520M AZERO.
  3. Voting Platform: Votes can be cast at gov.alephzero.org.
  4. Inflation Calculator: Voters are encouraged to use the AZERO Inflation Calculator to understand the impact of their vote on AZERO inflation.
  5. Proposed Emission Values: There are 10 proposed values for the first-year emission, ranging from 9M to 36M AZERO.
  6. Voting Strategy: The winning option will be the weighted median of all votes. Voters should allocate all their voting power to their most preferred option for maximum impact.
  7. Optimal Voting: Voting for your exact preferred number is recommended, even if the current leading value is different, to ensure accurate representation of preferences.
  8. Community Engagement: The process is designed to ensure voters are well-informed and can vote confidently.
  9. Discussion Encouraged: Voters are urged to discuss options with the community to make informed decisions.
  10. Importance of Participation: The input of every community member is highly valued in shaping the future of Aleph Zero.
AI Summary

After the AZERO maximum supply [MAX] vote, the Aleph Zero community has chosen a maximum supply of 520M AZERO. Now, voting for Proposal 4—AZERO first-year emission [FIRST-YEAR]—is live and will last for 5 days.

The AZERO first-year emission [FIRST-YEAR] vote is on! Cast your vote here: gov.alephzero.org.

But before casting your vote, you can input the 520M max supply into the AZERO Inflation Calculator to help yourself visualize the impact your choice for AZERO first-year emission [FIRST-YEAR] will have on AZERO inflation (assuming 62% of AZERO remains staked—as it is now). 

Similar to the AZERO maximum supply [MAX] vote, there are 10 proposed values for AZERO first-year emission [FIRST-YEAR]. These values range from 9M to 36M. The winning option will be selected as the weighted median of all votes, in order to ensure a fair outcome. 

In a median-based voting system where participants select a value on a scale, it’s optimal to allocate all your voting power to your most preferred option. Splitting your votes across multiple options doesn’t effectively shift the median toward your preference. Even if the current leading value is below your preference, you should still vote for your exact preferred number rather than a higher one. Voting higher (or lower) than your true preference doesn’t increase your influence and may misrepresent your actual choice—potentially leading to a less favorable outcome. 

By consistently voting for your genuine preference, you maximize your impact on the final result—ensuring that the median accurately represents the collective preferences of all voters. The proposed AZERO first-year emission [FIRST-YEAR] values are as follows:

AZERO first-year emission [FIRST-YEAR]
9M
12M
15M
18M
21M
24M
27M
30M
33M
36M

Getting ready to place your [FIRST-YEAR] votes 

We value the input of every Aleph Zero community member immensely and have put a lot of effort into crafting a process that ensures voters are well-informed and able cast their votes smoothly and confidently. This is why we urge you to test the AZERO Inflation Calculator before voting so you can make the best choices possible for yourself and the future of Aleph Zero.

The AZERO first-year emission [FIRST-YEAR] vote is live on gov.alephzero.org and lasts 5 days—concluding on September 30th.


So, test the AZERO Inflation Calculator, discuss the options with the community, and make your voice heard in setting the future of Aleph Zero!