https://youtu.be/Ed-s-iCZDrw
Nervos has two emissions. Primary emission same as BTC = hardcapped Secondary emission a fixed annual amount (1.344 billion CKB per year indefinitely) = uncapped If you deposit in NervosDAO you receive interest from the secondary issuance, therefore the secondary issuance would not affect you, only the primary issuance would affect you and your CKBs, therefore, they would act as hard-capped tokens like BTC. Users who use the network as a long-term Store of Value use NervosDAO and the supply works as hardcaped for them. For the rest of the users it works as an uncapped supply. Summarize: No max supply, but the DAO offsets inflation, so hodlers won't be affected by no max supply. You can read about the emission model here: https://medium.com/@m.quinn/a-detailed-description-of-nervos-ckb-supply-and-issuance-1d55c4b101f9 The secondary emission imposes a state rent model through a targeted inflation on those who occupy/use state, something that is basic for the economic sustainability of the network and long-term security. It allows the network to grow since 1 CKB = 1 byte of storage space in L1 and allows to maintain block rewards after the primary emission ends, maintaining the incentives for miners to continue defending the network in the long term. More here: http://linktr.ee/ckbtokenomics
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