The max supply is 1.2 billion. The total supply is ~770.89 million. But there is actually only ~404.76 million DFI which is going around. So there is about (1.2 billion - 770.89 million) which is 429.11 million DFI left to be minted. So this 429.11 million DFI can still be added to the supply. But more of it will keep getting burned over time.
Circulating = coin available for trading, In a cex or dex or wallets. Can be bought, sold, used. Max = all coins in existence, including those locked in staking, vaults, frozen, lm, governance. Normally will exclude burned coins because burned coins are designed to take coins out of the network. Thusly redistributing total supply. Total = coins that can ever exist. Yes, including those that haven’t been minted.
So the LM is is finite and will eventually stop? Or is LM based on already existing DFI?
Rewards decrease over time yes but will be replaced with fees Rewards are allocated to LM every block
Do we have a guesstimate on when LM rewards will "run out" or be replaced with fees?
According the current block reward estimation, block rewards will dry out in about 9 years from now. Until then, adoption and increased transactions will start to overlap the block rewards and in time, fee redistribution will be making the most of rewards.
You can check https://www.defichain-income.com/ forecast
Awesome thank you for this.
Thank you Chan for the explanation.
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