submitted by /u/AliceInEtherland
The NULS Community has completed a vote to cap the maximum supply of NULS at 210,000,000. This is no small achievement considering that many public chains wind up with derisive results and communities can oftentimes split over contentious proposals.
The vote passed with over 6 million NULS cast, and of those, 97% approved of the cap on supply. One month ago, the NULS community passed a vote to cap the supply, but the method still had not been determined. Since the vote required system parameter changes, it required 90% approval to pass and was successful. Two weeks ago, a follow-up vote was initiated to determine the max supply amount and method used to implement, the result was yesterday's 97% approval, finalizing the community's decision to issue a cap and reduce block rewards over time. For more details, check out our forum post: https://nuls.community/d/531-ncg20190617-max-supply-deflation-method