Does MOVR has infinity supply?

Question

Moonbeam & Moonriver Official

Ancient

Does MOVR has infinity supply?

#blockchain #cryptocurrency #english #moonbeam

0

19.06.2022

5 ответов

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Ancient Автор вопроса

turrizt |NEVER DM YOU FIRST
Moonriver targets a 5% annual inflation rate and, ...

If supply reach to 10,371,000 MOvr they will add more movr???

0

19.06.2022

turrizt |NEVER DM YOU FIRST

Ancient
If supply reach to 10,371,000 MOvr they will add m...

A small amount of MOVR is added to circulation daily due to inflation, some of it is burned, when there are a lot of transactions, then the token will probably become deflationary

0

19.06.2022

A

turrizt |NEVER DM YOU FIRST
A small amount of MOVR is added to circulation dai...

If i increases my stake bond will it 2 rounds for this too kick in same as when I first stake?

0

19.06.2022

Jose Crypto

A
If i increases my stake bond will it 2 rounds for ...

Yes

0

19.06.2022

turrizt |NEVER DM YOU FIRST · Accepted Answer

Moonriver targets a 5% annual inflation rate and, as such, has an uncapped token supply. 80% of the spent gas is burned. The purpose of inflation in Moonriver is to pay for ongoing security needs of the network. The primary security budget items are to pay for a parachain slot on an ongoing basis, and to incentivize collators to provide collation (block production) services to support the Moonriver network. Of the 5% inflation, 1% goes towards incentivizing collators and 1.5% goes to the parachain bond reserve to accumulate on chain funds to pay for a parachain slot in perpetuity. The remaining 2.5% is for users that stake their MOVR tokens and help power the collator selection process

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Does MOVR has infinity supply?

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