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I want to reduce the balance of everyone say by 5% after say every 10 million blocks. It's not possible to loop over all balances, as that will be inefficient. AMPL solves it with using Gons

tokens= gonsBalance[account]/gonsPerToken

I am using balance pallet. What is the best way of doing using balance pallet? Will I have to fork it and modify it or it can be done by calling some functions in it.

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The balances pallet does not have a feature like this, nor do I think it should introduce this.

So yes, I think the best thing would be for you to write or fork your own solution for this kind of behavior.

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    It will be a good feature add that changes everyone's balances in the hook
    – Amiya Behera
    Commented Jun 16, 2022 at 10:26

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