Guys what is the damn max supply of this coin?
30+ billion is already in circulation.. is there an end to this?
30+ billion is already in circulation.. is there an end to this?
No there is no limit of coins in circulation: https://siastats.info/supply_inflation.html The number of mined coins decreases with every block, but the minimal will always be 30KS/block. However, this number will be less and less representative of the total coins in circulation: check the Inflation chart (second chart) on the link I provided.
Also take in mind in the future Proof of Burn mechanics will be used for hosts, so some coins will be burnt. With the proper adoption of storage, Sia can even become deflationary. Also, more adoption of the storage means more coins locked in contracts and collateral, so less circulating coins.
So i just checked this stats on Sia from the link you provided. What I could see:
1. from 2016 until now the token count is following the supply chart, which is 30+ billion. That's correct
2. If the token adds up with the chart, means there has been no any token burns. Or should this happen sometime in future? when? How much?
3. What is the inflation chart based on, any explanation behind it?.. don't get me wrong but i can make a chart like that also. What is it based on?
If no burn and max supply, the value will keep going down, because of constantly bigger supply.
The burn rate will be about 0.5%. Consider also that lost collateral is burned (right now).