Cross posting this from the Telegram channel:
“Infinite mint” twists wording to imply worse intent. Disappointing to see.
It was never infinite mint in the RSR health proposal, but rather was “tail emissions governed by the community.”
What does a tail look like? for example, “5 billion RSR per year decaying at X% per year, for a total of 20 years”
The tail should be finite. Those emissions can be invested, given away or burned. By making these decisions up to locked RSR holders that are funding the long term project, they become owners in the outcome, rather than subjects of the outcome. Big difference.
But whether its community governing “tail emissions curve” or “the fixed supply RSR treasury”, you can achieve a lot of the same “community ownership” in both.
The main tradeoffs between them are twofold:
(1) “tail emissions” improves the “metrics legibility” issue that disfavors Reserve compared to its peers - investors and talent will go to the best projects (mission, product, metrics) and…
(2) Communities cling to fixed supply, a vestige from Bitcoin’s birth, like sacred doctrine. But RSR is not BTC.
Based on the call and Nevin’s post, the community appears to prioritize
(2) > (1). The phrase “infinite mint” frames the debate in a way that steers support almost automatically. Once that label sticks, the outcome is preloaded.
Can accept that if its the path. Eager to hear answers to the above questions to lose the loop on the full package.
