I've been looking for a simple response for that question. I have read the explanations of how Dutch Auctions are going to work (from the algorand website). Nonetheless, I haven't found the answer for this simple question. I know I get rewards from holding ALGOS and that prevents my holding to be devalued from that perspective, but what happens if I do not participate in those dutch actions, my investment will be devalued since new coins will be released?
Community for Algorand - World’s first open source, permissionless, pure proof-of-stake blockchain protocol dedicated to removing friction from financial exchange.