“3% Inflation for a Governance-Only Token? You’ve Got to Be Kidding”

You guys have got to be kidding me.

A token that’s basically just governance, with zero real utility inside the protocol, and it still has 3% annual inflation? Are you serious?

Look at Solana — inflation is easily over 3%, but at least the token has real staking, is used to pay gas, has constant demand on the network, and holders can actually earn yield. Here? CFG has turned into nothing more than a “you might get to vote someday if we allow it” piece of paper, while the Foundation runs everything and the 3% inflation keeps going straight into the treasury every year, diluting the people who are actually holding.

Where’s the support for holders? Where’s the mechanism that makes the token actually appreciate alongside the growth of the protocol? Fees in stablecoins, TVL rising, institutional partnerships… and CFG? Just keeps getting issued with no real use. Classic “protocol grows, token dilutes.”

If the goal is really to maximize value accrual for CFG, it’s about time you stop treating holders like decoration and put the token to actual work. Because right now it looks like the inflation is just there to fund operations while the people holding the bag get screwed.

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I’ve been holding some CFG since 2022 (as wCFG). The price since then dropped by exactly half of what it was, so I completely relate with the above.
I think it’s expected for the protocol profits to go under Foundation control, they are doing the heavy lifting after all.
But I’d expect for the governance token to at least keep it’s value, otherwise what is the point of having it?

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