Quote from: rejosh on February 08, 2018, 10:27:08 PM

The maximum supply looks very confusing. Is it true that the max supply is 10 billion and ico was only for 500 million tokens.

The current supply (from genesis block, including fundraiser and bounty) is indeed 500 million BOS, but the max supply is 5 billion BOS.

New coins will be issued in three ways:

Confirmation rewards: 1.8 billion BOS over 128 years
Freezing rewards: 900 million BOS over 59 years
Commons budget growth (through direct issuance and transaction fees): 1,8 billion BOS over 6 years

The big supply growth in the first years is due to the commons budget. The largest part of the BOS within the commons budget, however, wont be in circulation and can only be accessed through accepted proposals within the congress. The main role of the commons budget is expedite the growth of the coin users during the early stages.

After 6 years the commons budget will have reached 1.8 billion. It wont grow anymore and the inflation rate will naturally flatten out. There are also yearly decrease rates for the rewards (5% for freezing rewards and 6.31% for confirmation rewards). In 2024 there will be a supply of about 3.3 billion BOS, but it will take another 122 years to reach the maximum supply of 5 billion.

A lot of BOS will probably remain frozen because its a great incentive to run a node receive (more) rewards. The commons budget will mainly be used to fund projects and DApps built on top of the BOScoin platform, not only allowing the ecosystem to grow in the early stages, but also providing a stable ground for future initiatives on the platform.