What happens when egld reaches supply max 31.4m. Where will

Question

MultiversX - Community

Gabriel Surliac

What happens when egld reaches supply max 31.4m. Where will

the reward be given for the stake to keep the blockchain safe?

#blockchain #cryptocurrency #elrond #english

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26.10.2022

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Thomas · Accepted Answer

The issuance model, which is a schedule of how much EGLD is given to reward staking, goes down to zero after 10 years. Fees are a part of the rewards given. It is implicit in the plan, that as the ecosystem matures and thrives, fees collected will be enough to motivate validators. If somehow, it were to turn out that there aren't enough fees to keep needed validating happening, then the most likely solution would be to increase fees. (I'm not trying to start a rumor, but another theoretical possibility, would be to increase the max, and continue to supplement rewards with new issuance for some time. But I think that that wouldn't happen without some kind of formal community consensus from EGLD holders at the time.)

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What happens when egld reaches supply max 31.4m. Where will

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