Long post sorry - any answers would be much appreciated! CoinMarketCap

Question

Long post sorry - any answers would be much appreciated! CoinMarketCap

states currently that 1.27 billion DAG is in circulating supply, with a total max supply of 3.71 billion.

However the tokenomics v2 white paper states that as of May 2021 there was 2.32 billion in current circulating supply, with a max supply of 3.69 billion. As of the time of the white paper release, it also stated that the remaining 1.373 billion (3.69 - 2.32) would be distributed as rewards to node validators over next 10 years. Based on 1B DAG being staked and accounting for 41% of circulating supply, that would equate to around 2.4B current DAG in circulation (to suggest around 120 million DAG awarded since May ‘21).

So I have a few questions I hope you all could answer for me:
1) is CoinMarketCap wrong then, and if so how do we fix it? I think this is important because I’m much happier with the idea of 63% of total supply already being released as it minimizes “dilutional effect” of say an HBAR with 18/50 billion coins currently in supply, and accurate info would make future investors more bullish perhaps

2) if the entirety of remaining DAG is to be released to node validators over next 10 years, what incentive structure to operate nodes will there be on year 11? I’m assuming the idea is that businesses wanting to run nodes would reward node operators at that point with their state channel tokens?

#blockchain #constellation #cryptocurrency #english

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11.01.2022

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DrDAGChad Dupont Автор вопроса

✨ Robin ✨ Nvr DMs 1st
Many times have tried to get CMC corrected. Their ...

Damn that’s annoying

0

11.01.2022

Reservoir Dag$

There is also a paper on Generative Calculus, which is what the network is modelled on in order to sustain a regenerative economy.. this is how the reward pool will be continued after the ten year period..

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11.01.2022

✨ Robin ✨ Nvr DMs 1st · Accepted Answer

✨ Robin ✨ Nvr DMs 1st

Many times have tried to get CMC corrected. Their side doesn't give a crap I guess.

0

11.01.2022

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Long post sorry - any answers would be much appreciated! CoinMarketCap

3 ответов

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