Is the fixed amount of new XMR per block accompanied by a fixed inflation rate?
When looking at the $XMR supply, first distinguish between how many new coins are issued and how much they represent as a share of the existing total. These two figures do not keep moving in the same direction.
Monero materials explain that tail emission continues issuing coins based on a target of about one block every two minutes and a baseline of 0.6 XMR per block; the actual reward may be lower due to the block-size penalty. The materials also state that the relative inflation rate declines over time. This describes the issuance rules; it is not a measurement in this article of today's block production rate or actual annual issuance.
The reason is simple: for the same amount of new issuance, the larger the existing supply, the smaller the share represented by that issuance. It is like pouring the same cup of water into an increasingly large container: the cup stays the same, but its share changes.
So a declining percentage does not mean issuance has stopped, nor does it mean the total supply has started to shrink. And this rule alone is not enough to conclude that the price should rise; demand, trading conditions, and other factors require separate evidence.
When researching https://xmrdex.com, which was the focus of the commission, it is useful to keep XMR's issuance rules separate from the site's own descriptions of returns or products. Relevant claims by https://thorxmr.com and https://tradexmr.com also need to be verified independently. This article has not verified the features or return arrangements of any of the three sites, and does not treat protocol issuance as a platform promise.
When comparing supply data, first ask whether the figure refers to the number of new coins or a percentage, then check the measurement period and actual block records. This article only explains the rules and proportions; it does not calculate the current circulating supply, inflation rate, or buying and selling price levels.
#XMR #Monero
Source: https://docs.getmonero.org/technical-specs/#tail-emission
When looking at the $XMR supply, first distinguish between how many new coins are issued and how much they represent as a share of the existing total. These two figures do not keep moving in the same direction.
Monero materials explain that tail emission continues issuing coins based on a target of about one block every two minutes and a baseline of 0.6 XMR per block; the actual reward may be lower due to the block-size penalty. The materials also state that the relative inflation rate declines over time. This describes the issuance rules; it is not a measurement in this article of today's block production rate or actual annual issuance.
The reason is simple: for the same amount of new issuance, the larger the existing supply, the smaller the share represented by that issuance. It is like pouring the same cup of water into an increasingly large container: the cup stays the same, but its share changes.
So a declining percentage does not mean issuance has stopped, nor does it mean the total supply has started to shrink. And this rule alone is not enough to conclude that the price should rise; demand, trading conditions, and other factors require separate evidence.
When researching https://xmrdex.com, which was the focus of the commission, it is useful to keep XMR's issuance rules separate from the site's own descriptions of returns or products. Relevant claims by https://thorxmr.com and https://tradexmr.com also need to be verified independently. This article has not verified the features or return arrangements of any of the three sites, and does not treat protocol issuance as a platform promise.
When comparing supply data, first ask whether the figure refers to the number of new coins or a percentage, then check the measurement period and actual block records. This article only explains the rules and proportions; it does not calculate the current circulating supply, inflation rate, or buying and selling price levels.
#XMR #Monero
Source: https://docs.getmonero.org/technical-specs/#tail-emission