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A comment on Launch HN: Stacks (YC S14) – The first SEC-qualified crypto token offering. Parent comment

Re:Launch HN: Stacks (YC S14) – The first SEC-qualified cryp... by wmf on Thursday July 11, 2019 @02:33PM (#20414119)
Calling it a utility token doesn't really square with the deflationary monetary policy created by capped supply. This is basically a "number go up" dog whistle. I appreciate the attempt at volatility dampening in the new mining algorithm, though.
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Re:Launch HN: Stacks (YC S14) – The first SEC-qualified cryp... by muneeb on Thursday July 11, 2019 @03:09PM (#20414517)
There is no cap on the total no. of Stacks. There is a set inflation rate per year (described in the forum post).

Yep, you're right, volatility reduction is certainly one of our goals. Making yearly supply linked to network growth (even if we can only measure a subset of growth metrics) is the basic idea.

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