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Synternet Synternet
wiz-

Hey! noob question: does 5% inflation mean that every year

will be 5% new tokens created? its not related to staking reward somehow, right?

#cryptocurrency #english #syntropy
0

5 ответов

10 просмотров
Steven Strike-

it's okay to ask noob questions

0
30.09.2021
Slεɳɗεrʍαɳ ✤-

Once the chain migrates towards mainnet, the validator reward pool will benefit from the 5% annual inflation

0
30.09.2021
Perry-

Btw, does the validator nodes also receive rewards for transaction fees? Or just the 25% APY?

0
30.09.2021
Slεɳɗεrʍαɳ ✤-

afaik that will be enabled at mainnet (not sure since Jonas said the chain would be operational sooner than that)

0
30.09.2021
G-V

Is it already know how many tokens precisely will be in circulation by the time mainnet launches and based on that 5% inflation annually, can one estimate how many years it will take before all tokens are unlocked and distributed as rewards? What happens after that, how are validators going to benefit when all tokens are unlocked. I realize we are speaking here about very long term future, but nevertheless I’m curious if it was discussed

0
30.09.2021

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