There's an issuance model in place, have a read through the tokenomics , staking rewards come from a combination of issuance on the network and transaction fees Max after 10 years is 31.4 million, but this number will never be hit due to the nature of the issuance model, the more transactions on the network the less the issuance will be https://elrond.com/blog/the-wealth-of-crypto-networks-elrond-economics-paper/ We are in year 3 in the above tokenomics charts found in the link above. Here you can see the token release schedule, which combined with the issuance model gives you the max supply https://docs.google.com/spreadsheets/d/17O63aFdf-AVWBaKqRG994l6hzE3v8RnlpiowE1D4foM/edit#gid=201760238
thanks, is elrond deflationary cuurently?
Every transaction reduces the amount that will ever be minted, but it's currently not at the point where it counters issuance
got it. so what is the net total supply after burn? Because now the max supply is less cause of the burns
Have a read through the tokenomics, it's not burn as such, just never minted
oh ok, got it. also mex max supply is 10 bill right?
No, these are the new tokenomics
See docs here http://docs.xexchange.com
wow, 14 trillions...
why not change to infinite supply decreasing mathematically and 50% fee burn 50% distributed in the next years validators rewards will be very small, fees in multiversX are negligible. and with many validators it means small rewards.
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