KOIN Maximum Supply

In Short

KOIN - the native token of the KOINOS blockchain - does not have a maximum supply. The KOINOS chain works with the inflation model. Currently, the inflation is set to 2%.

In more Depth

The current inflation percentage is set to 2%. This value was set at the launch of KOINOS mainnet back in late 2022 and never changed since then. It's important to understand the inflation percentage is the percentage of all KOIN in circulation + all Virtual Hash Power tokens in circulation. This we also refer to circulating Virtual supply. While currently (dd June 2024) Fully Diluted Valuation is based on about 100 million KOIN, the amount of KOIN in circulation + Virtual Hash Power tokens in circulation is around 57.5 million. The 2% inflation is 2% of this 57.5 million tokens which is slightly more than 1% of the amount of KOIN used to calculate the Fully Diluted Valuation.

The reason for KOIN in circulation is less than the KOIN used to calculate Fully Diluted Valuation: Not all KOIN is claimed from the Ethereum chain where KOIN was initially minted back in 2020 (Proof of Work fair launch distribution model). Only the claimed KOIN accounts (plus the KOIN from inflation since the launch of mainnet) to KOIN in circulation.

The inflation percentage is a configurable parameter. This parameter can be adjusted by consensus voting. Those running KOINOS blockchain nodes - the miners - are eligible to participate in such consensus vote, if such a proposal is created.

Links

• KOIN token information: KOIN information on Koiner