I appreciate DFinity for shepherding this platform to where it is today. You mean well for the community, and for that I am eternally grateful.
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October 5, 2022 Update:
Hi folks,
The DFINITY Foundation’s Finance team has updates to this thread:
In August, 2022, DFINITY merged maturity from neurons 2000->2009 with the parent neuron
- Total Maturity merged: 1,716,345 ICP
- This maturity merging had a direct impact on Total Supply, not on Circulating Supply. This increased Total Supply by 1,716,345 ICP.
- This will increase the voting power of DFINITY.
With the merging and locking activities above, DFINITY and ICA has increased its Voting power to 24-23.7% (up from previous 21.72%).
Historical Context
On August 1, 2022, the voting power was 21.37% (Exhibit I).
On September 29, 2022, the voting power was 22.60% (Exhibit II).
On October 2nd, 2022 the Total VP reached 23.66% (23.7%) (Exhibit III)
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Why just 2000-2009? I notice that the maturity has not been merged back in for 2010-2055 and the remaining non-dissolved 4xxx neurons?
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I am not sure, let me ping the Finance Team.
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Also, is there a reason why the 4xxx-4037 neurons (the neurons that still have > 6 months dissolve delay) don’t vote on governance proposals, but the 2xxx do vote on governance proposals?
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I cannot speak to SPECIFIC neurons, but I can say that in April the Foundation posted they would not vote with full voting power on Governance topics
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An increase in circulation indicates an impact on circulating supply, not total supply. What am I missing? Or was it a typo?
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Good catch @Denis . It is a typo. It should read:
This increased Total Circulation Supply by 1,716,345 ICP.
Fixed in the statement.
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