FRC02: Setting a Max Supply, Introducing Fee Burn, and Transitioning to a Deflationary Model

The table below contains the updated model figures.

Year # Period Check Date Inflation Tokens Issued Burned Tokens Total Supply (start of year) Minted Tokens
1 August 2019 - August 2020 August 2019 5% 300,000,000 0 300,000,000 15,000,000
2 August 2020 - August 2021 August 2020 5% 315,000,000 8,173,861 306,826,139 15,750,000
3 August 2021 - August 2022 August 2021 5% 330,750,000 8,173,861 322,576,139 16,537,500
4 August 2022 - August 2023 August 2022 5% 347,287,500 8,173,861 339,113,639 17,364,375
5 August 2023 - August 2024 August 2023 5% 364,651,875 8,173,861 356,478,014 18,232,594
6 August 2024 - August 2025 August 2024 3% 382,884,469 8,173,861 374,710,608 11,486,534
7 August 2025 - August 2026 August 2025 1.50% 394,371,003 8,173,861 386,197,142 5,915,565
8 August 2026 - August 2027 August 2026 1% 400,286,568 8,173,861 392,112,707 4,002,866
9 August 2027 - August 2028 August 2027 0.75% 404,289,434 8,173,861 396,115,573 3,032,171
10 August 2028 - August 2029 August 2028 0.50% 407,321,604 8,173,861 399,147,744 2,036,608
11 August 2029 - August 2030 August 2029 0.50% 409,358,212 8,173,861 401,184,352 2,046,791
12 August 2030 - August 2031 August 2030 0.50% 411,405,003 8,173,861 403,231,143 2,057,025
13 August 2031 - August 2032 August 2031 0.50% 413,462,028 8,173,861 405,288,168 2,067,310
14 August 2032 - August 2033 August 2032 0.50% 415,529,339 8,173,861 407,355,478 2,077,647
15 August 2033 - August 2034 August 2033 0.50% 417,606,985 8,173,861 409,433,125 2,088,035
16 August 2034 - August 2035 August 2034 0.50% 419,695,020 8,173,861 411,521,160 2,098,475