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Moonbeam targets a 5% annual inflation rate and, as such, has an uncapped token supply

HK-Bae Автор вопроса
turrizt |NEVER DM YOU FIRST
Moonbeam targets a 5% annual inflation rate and, a...

It seems that token supply cap seems 1b in coinmarketcap. Isn't it??

Genesis supply is 1B, then every year it will grow

turrizt |NEVER DM YOU FIRST
Genesis supply is 1B, then every year it will grow

But indeed we need still several months prior to reach 1b as circulating 😉💪

HK-Bae Автор вопроса
turrizt |NEVER DM YOU FIRST
Genesis supply is 1B, then every year it will grow

How much it grow, as you previously said 5% annual inflation target, is that compared to 1B genesis amount or compared to present issued amount (23m maybe)?

HK Bae
How much it grow, as you previously said 5% annual...

We still are early, atm circulating supply is less than 270mil mate, to reach 1B we need months/years still👍

HK-Bae Автор вопроса
Michele | 🧊 Iceberg Nodes 🧊
We still are early, atm circulating supply is less...

Then, if moonbeam said like annual inflation rate target is 5%, then this figure is compared to 270m ? or 1b?

HK Bae
Then, if moonbeam said like annual inflation rate ...

@turrizt better if you get clear this point again, my understanding is that 5% is every year starting from the current circulation, but better if you confirm👍

Inflation is fixed to total supply, that is, it grows by 5% per year, but 80% of the spent gas is burned. It turns out 50M - burned tokens = the sum that will be added to the circulation for this year

HK-Bae Автор вопроса
turrizt |NEVER DM YOU FIRST
Inflation is fixed to total supply, that is, it gr...

So to be clear, inflation rate 5% is compared with total supply (1b). NOT Compared to the present supply (270m).

turrizt |NEVER DM YOU FIRST
Inflation is fixed to total supply, that is, it gr...

Inflation is fixed to total supply, that is, it grows by 5% per year, but 80% of the spent gas is burned.

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