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Update inflation model to model with parachains
The ideal staking rate in the inflation model of Polkadot is still hardcoded to be 75% here. On Kusama there is already a more advanced mechanism that scales with the number of parachains and it is probably time to update Polkadot to that model.
Any updates here @kianenigma ?
I was about to ask why we haven't applied the new model to Polkadot.
This issue has been mentioned on Polkadot Forum. There might be relevant details there:
https://forum.polkadot.network/t/change-in-stake-rewards-rate-2023-jan-13-and-14/2387/2