@Dusk This 36-year emission table—I re-calculated it again last night, and the conclusion hasn’t changed: the real accounting isn’t in the 1 billion hard cap, but in the slope of the first four years.
The table itself is written very clearly. The remaining 500 million coins follow geometric decay: halving every four years, with a decay rate of 0.5. The first four-year cycle releases about 250.48M—this is the exact number given in the official documentation. In other words, when the mainnet goes live, in the initial 500M plus this first cycle’s 250.48M, you get roughly seven and a half tenths of the 1 billion showing up. The emission rate of 19.8574 coins per block is also explicitly fixed in the document; there’s no negotiating it.$ETH
Many people complain about inflation, but they’re aiming at the wrong target. The 36 years isn’t a promise—it’s a timetable. The first four years are the real test: the existing stock plus new issuance—what exactly the market has to absorb it with. That’s the arithmetic that matters. Other projects like to dangle the half-life narrative to keep people guessing. Dusk Network is different: it lays all the numbers out on the table, clearly and openly, and lets you challenge it with facts.
My own judgment is that the pressure doesn’t come from the size of the pot—it comes from the speed of unlocking. The mainnet is already running. What I’m watching now is the proportion of the actual total staked amount to the circulating supply, not just the purely theoretical slope. Since staking has no lock-up period and can move freely in and out, the fluctuation in this proportion is itself the market’s sentiment speaking. Once the ratio rises, even a steeper slope gets taken up by people; if it doesn’t rise, no matter what you shout, it won’t help. Don’t talk to me about long-termism—long-termism is calculated, not declared. This table from Dusk Network exists precisely to force you to do the math.#dusk $DUSK
The table itself is written very clearly. The remaining 500 million coins follow geometric decay: halving every four years, with a decay rate of 0.5. The first four-year cycle releases about 250.48M—this is the exact number given in the official documentation. In other words, when the mainnet goes live, in the initial 500M plus this first cycle’s 250.48M, you get roughly seven and a half tenths of the 1 billion showing up. The emission rate of 19.8574 coins per block is also explicitly fixed in the document; there’s no negotiating it.$ETH
Many people complain about inflation, but they’re aiming at the wrong target. The 36 years isn’t a promise—it’s a timetable. The first four years are the real test: the existing stock plus new issuance—what exactly the market has to absorb it with. That’s the arithmetic that matters. Other projects like to dangle the half-life narrative to keep people guessing. Dusk Network is different: it lays all the numbers out on the table, clearly and openly, and lets you challenge it with facts.
My own judgment is that the pressure doesn’t come from the size of the pot—it comes from the speed of unlocking. The mainnet is already running. What I’m watching now is the proportion of the actual total staked amount to the circulating supply, not just the purely theoretical slope. Since staking has no lock-up period and can move freely in and out, the fluctuation in this proportion is itself the market’s sentiment speaking. Once the ratio rises, even a steeper slope gets taken up by people; if it doesn’t rise, no matter what you shout, it won’t help. Don’t talk to me about long-termism—long-termism is calculated, not declared. This table from Dusk Network exists precisely to force you to do the math.#dusk $DUSK