day? (271 emissions per day if based on the analytic dfi web)
2. How many (block) is required to mint a DFI token?
3. Is that correct that about 2880 blocks are created per day? (From dfi analytics site)
I am getting confused with the total supply and number of dfi yet to be minted.
Thanks!
1. 271.17 * (2 * 60 * 24) = 780,969.6 new DFI per day 2. New DFI are emitted with every block. 3. Yes, there are about 2,880 blocks per day (one block every 30 seconds).
Thank you Andreas for the clarification, Here are my understanding after all: 1) 1.2 bil = Net total DFI in this world (comprises of item 2 and 3) 2) 771 mil = Minted DFI in this world 3) 429 mil = DFI yet to be minted 4) Estimated time to mint all the Remaining DFI = 429 mil / (780,969.6 * 365) = approx 1.5 years
You need to remember that rewards reduce every 11 days approx It is planned for rewards (emissions) to continue for around another 9 years. Then fees will take over from emissions for rewards
Yup, understand, thank you for the reminder.
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