Quote from: fuongy on May 17, 2018, 12:41:18 AM

If you are wondering how the stake rewards are done, the image below is a good explanation

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An extra note about the treasury:

Up to 1 Piv per block is allocated to the treasury. That means that every month, or 43,200 blocks, there is a potential of up to 43,200 Piv that can be spent on budget items (i.e., Dev salaries + marketing + successful proposals + etc.). However, only the total of Piv that is needed for that month's budget is actually created. For example, if (hypothetically) salaries + ... + ... + ... = 23,600 this month, then only 23,600 Piv would be created, NOT 43,200. The total number of Piv needed for the budget in any given month are created as a single superblock per month, not with each 'normal' block that's found. Since the budget ask is typically lower than the maximum possible allowance, this means that in effect, less than 1 Piv/block is actually created, and overall inflation is lower than would be implied by thinking of each block as being deterministically 6 Piv in size. In fact, the effective block size in a given month can vary between 5 and 6 Piv depending on how much budget is actually needed, and therefore how many Piv are created in that month's superblock.