It's truly wonderful to see the community actively participating and contributing proposals and suggestions. However, it seems there might be a misunderstanding about the tokenomics. The circulating tokens consist of two components: tokens released from the existing total supply, and newly minted tokens for masternode rewards.
The #XDCNetwork #mainnet originally started with a total supply of 37.5 billion tokens, with around 12.2 billion tokens already in circulation. The total supply was allocated into different pools, and a specific percentage from these pools is released annually, approximately 700 million tokens per year. Additionally, masternode rewards involve the minting of 87.6 million tokens each year, which accounts for less than 0.25% of the initial total supply.
This proposal might benefit from a clearer understanding of these components to ensure informed decision-making within the community.
It's truly wonderful to see the community actively participating and contributing proposals and suggestions. However, it seems there might be a misunderstanding about the tokenomics. The circulating tokens consist of two components: tokens released from the existing total supply, and newly minted tokens for masternode rewards.
The #XDCNetwork #mainnet originally started with a total supply of 37.5 billion tokens, with around 12.2 billion tokens already in circulation. The total supply was allocated into different pools, and a specific percentage from these pools is released annually, approximately 700 million tokens per year. Additionally, masternode rewards involve the minting of 87.6 million tokens each year, which accounts for less than 0.25% of the initial total supply.
This proposal might benefit from a clearer understanding of these components to ensure informed decision-making within the community.
I like it