@CoincidenceJon hi, foundation staking on average 3-4billion token for two

Question

@CoincidenceJon hi, foundation staking on average 3-4billion token for two

years, and with an average %18 apy, foundation has earned approx. 800mio token from staking so what is the plan on this extraordinary staking income? I mean 800mio tokens amounting 160mio usd which is considerably high fund so why does not oasis use this fund in order to support ecosystem growth ?

#cryptocurrency #english #oasis

0

18.10.2021

4 ответов

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Hsn

Great point, 750-800million staking income is only per year and in total that makes 1.5 billion rose staking income amounting 300mio usd

0

18.10.2021

Jarl Oasis

Hsn
Great point, 750-800million staking income is only...

Not all tokens have been released publicly or will be released publicly by Mainnet launch. Due to release schedules and locks, only a fraction of the total existing token supply will be in circulation at the time of Mainnet. Approximately 1.5 billion tokens out of a fixed supply of 10 billion tokens in total will be in circulation immediately upon Mainnet. In addition, a portion of Foundation tokens that are not in the circulation supply at launch are staked on the network. Any staking rewards earned will go back into the network via future validator delegations, network feature development, and ecosystem grants. https://docs.oasis.dev/oasis-network-primer/token-metrics-and-distribution

0

18.10.2021

Jon Poole

We'll have a transparency report soon but these are tokens initially designed to go back into the network for validator rewards etc. We'll have something official very soon for you guys.

0

21.10.2021

Jarl Oasis · Accepted Answer

Jarl Oasis

Will check with the team on it as well.

0

18.10.2021

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@CoincidenceJon hi, foundation staking on average 3-4billion token for two

4 ответов

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