You are correct! The update’s title was a follow-up to the original post. It has been corrected—many thanks to your keen observation.
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Hi @RB_1010
Thanks for the feedback.
You are right here, we did not took into account the burned tokens. On other hand, the inflation is also does not take the burned tokens into account, so to calculate the inflation rewards we need to ignore them.
Here is the new updated sheet, token supply column is renamed to “token issued” it is the column
to derive the token emission from. while “token supply = token issued - burned tokens”
Would love to have your and community feedback on this.
About the max supply - we still keeping max supply but it will be a bit higher. We are discussing this internally. All I can say that the change in max supply should be small.
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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 |