you guys think we can get to 2% o INJ supply (2 million) burn this year?
really not
In theory, the total INJ supply can exceed the anchor value. The weekly supply burns create a deflationary effect and offset the supply increase caused by token minting to a certain extent. To be more precise, 5% yearly inflation on 13 million staked INJ equals 650,000 INJ minting in a year while the total burning in the eight weeks alone was 204,000, netting out to approximately 1,326,000 INJ burned a year, accounting for 1.325% of total supply.
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