Emission

System token supply grows gradually through a process of emission, which is used as a self-funding source that supports blockchain activity and development. The emission rate, which is calculated automatically by the blockchain, depends on the total number of staked tokens:

  • 20% annually if the total staked tokens amount is under 33%

  • From 20% to 10% when the staked amount sits between 33% - 66% (in this case, emission rate ≈ 30 - 0.3 * TotalStake%)

  • 10% annually for staked amount of more than 66%

Each Validator is rewarded by a fraction of the annual emission rate, calculated by the formula:

BlockReward = CurrentSupply * (InflationRate - TaxRate) / NumberOfBlocksPerYear

where

NumberOfBlocksPerYear = 365 * 24 * 3600 * 2