This episode of Expansion dives into Celestia's latest improvement proposals with Dean Eigenmann and Marko Baricevic. We discuss their proposals on locking staking rewards and decreasing Celestia’s inflation rate, which aim to improve tokenomics and long-term network sustainability. The conversation expands into broader debates on proof-of-stake incentives, inflation models, and Celestia’s relationship with Ethereum. Enjoy!
Resources
CIP-29: Decrease Inflation and Adjust Disinflation: https://github.com/celestiaorg/CIPs/blob/main/cips/cip-29.md
CIP-30: Prevent Auto-Claiming of Staking Rewards: https://github.com/celestiaorg/CIPs/blob/main/cips/cip-30.md
CIP-31: Treat Rewards as part of the Lockup Account: https://github.com/celestiaorg/CIPs/blob/main/cips/cip-31.md
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Timestamps:
(00:00) Introduction
(04:49) Celestia's Relationship to Cosmos
(09:28) Changing Celestia's Economics and Incentives
(13:03) Supra Pre-Roll
(13:30) Ledger Pre-Roll
(13:47) Locking Staking Rewards
(16:45) What is the Ideal Stake Rate?
(24:49) Lowering Celestia's Inflation Rate
(33:30) The Inflation Debate
(42:27) Supra Mid-Roll
(43:11) Ledger Mid-Roll
(43:47) Should Celestia Focus on Generating Fees?
(50:47) Is the L1 Premium Dead?
(01:00:33) Celestia's Relationship With Ethereum
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Disclaimer
Expansion was kickstarted by a grant from the Celestia Foundation.
Nothing said on Expansion is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Michael, Nick, and our guests may hold positions in the companies, funds, or projects discussed.