Quote from: jfgreen on March 02, 2018, 07:11:40 PM

so over 1.3m tokens minted on a daily bases, I don't know if this is a good thing or a bad thing? Would this not inflate the price?

Only 440,640 BOS out of those 1.3 million will be distributed to all stakeholders, the rest is locked up into the commons budget account.

Others have been concerned about inflation as well, but I don't expect it to cause any. The biggest part of the growth in the first years is due to the commons budget which will grow to a total of 1.8 billion BOS by 2023. The biggest part of the BOS within 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 2023 the commons budget 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 2023 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.