Is Band Protocol inflationary?

Could you please clarify if Band Protocol is designed to be inflationary in nature? It's important to understand the economic model behind the cryptocurrency and how its supply is managed over time. Is there a predetermined rate of inflation, or does the protocol's inflationary characteristics depend on certain factors such as usage or adoption? I'm particularly interested in how the inflationary nature of Band Protocol, if any, might impact its long-term value and stability.