How is it possible that inflation in BOScoin is so high? They are going to generate 423 million new BOS coins the first year of 500 million that is currently from the Genesis block. That is an inflation of 84% during the first year.
According to the whitepaper every 5 seconds a block is generated and with each block 18 BOScoin is generated for the miners and 50 for the common budgets. Over a year, 423 million new BOS currencies will have been generated. How is it possible that the currency can be so depreciated?
My objective was to keep the coins frozen for profit, but according to the calculations made with the information of the 500 million BOSC whitepaper and assuming that 70% of those coins are frozen in units of 10,000 and the annual distribution is 47 million BOScoin in total among all units, I would only get a 13.5% profit from all my coins a year. Inflation remains much higher than the benefits.
I hope you can answer me. Thank you.