Let’s take a step back and look at the facts.
The Foundation started with 6.9 million $EGLD that's over one third of the entire supply at genesis, worth roughly $250–300 million on average over these years.
And let’s be clear: that number is without counting the staking rewards earned over the past 4 years which is not a small amount, especially for an entity sitting on millions of tokens.
With that kind of capital, influence, and time, they had every opportunity to attract developers, grow users, and build meaningful adoption.
Yet four years later, instead of reflecting on why adoption is still limited, the “solution” is… to remove the 31M hard cap and introduce tail inflation.
If you couldn’t generate real traction with one of the most well-funded treasuries in the entire Layer-1 space, how exactly will printing more tokens fix that?
Let’s be honest if $EGLD were trading at $1k today, we wouldn’t even be having this conversation. The “economic model” would suddenly be perfect.
So yes, I’m concerned. Not because of the inflation itself, but because this move shows a lack of better ideas. You don’t fix ecosystem stagnation with tokenomics tweaks, you fix it with execution, focus, and products that actually bring people in.
Maybe it’s time to admit the problem was never the supply, it’s how the existing resources were used.