First of all it's great to see the interest from an organisation like #SBI in #XDCNetwork.
As the MN's maximum cap is already laid out at 350 and it almost reaches in a couple of months which is already a done thing now we only speak about incremental standby MN's and its impact.
If we increase the Standby MN count from 242 to 400 the over all increase will be 158 MN's and @10M XDC for each node it will be 1580M (1.58B) tokens will be locked. The inflation from these 158 new MN's rewards will be 126.34 M XDC per year.
Now if we take the period of 12.5 years as below with 126.34M infl per year
✓ 126.34M * 12.5 = 1580M (1.58B) XDC
so in 12.5 years we are generating as many tokens as we have staked in the master nodes ie 1.58B XDC for the additional 158 standby MN's.
from the above if we can draw a conclusion we should be able to burn atleast an additional 1.5Billion XDC in a period of 12.5 years
If we take scenario of all the 400 (242+158) Standby MN's.
✓ 400*10M = 4000M (4B) XDC locked
✓ 400*66,666*12 = 320M XDC / year
If we take the same scenario of 12.5 years with the inflation of 320M XDC per year
✓ 320M * 12.5 = 4000M (4B) XDC
So in 12.5 years we are generating as many tokens as we have staked in all the 400 standby MN's.conclusion we need to be able to burn an additional 4B XDC in a period of 12.5 years.
I am not taking into account 108 core MN's here because they are the must nodes in order to keep the network running wether we could be able to burn or not the inflation causing due these nodes.
Options for burning
•Increased use cases
•Increased transactions on network
•Increasing the Gas fees to optimum level etc.
For further actions, you may consider blocking this person and/or reporting abuse
First of all it's great to see the interest from an organisation like #SBI in #XDCNetwork.
As the MN's maximum cap is already laid out at 350 and it almost reaches in a couple of months which is already a done thing now we only speak about incremental standby MN's and its impact.
If we increase the Standby MN count from 242 to 400 the over all increase will be 158 MN's and @10M XDC for each node it will be 1580M (1.58B) tokens will be locked. The inflation from these 158 new MN's rewards will be 126.34 M XDC per year.
Now if we take the period of 12.5 years as below with 126.34M infl per year
✓ 126.34M * 12.5 = 1580M (1.58B) XDC
so in 12.5 years we are generating as many tokens as we have staked in the master nodes ie 1.58B XDC for the additional 158 standby MN's.
from the above if we can draw a conclusion we should be able to burn atleast an additional 1.5Billion XDC in a period of 12.5 years
If we take scenario of all the 400 (242+158) Standby MN's.
✓ 400*10M = 4000M (4B) XDC locked
✓ 400*66,666*12 = 320M XDC / year
If we take the same scenario of 12.5 years with the inflation of 320M XDC per year
✓ 320M * 12.5 = 4000M (4B) XDC
So in 12.5 years we are generating as many tokens as we have staked in all the 400 standby MN's.conclusion we need to be able to burn an additional 4B XDC in a period of 12.5 years.
I am not taking into account 108 core MN's here because they are the must nodes in order to keep the network running wether we could be able to burn or not the inflation causing due these nodes.
Options for burning
•Increased use cases
•Increased transactions on network
•Increasing the Gas fees to optimum level etc.