The Airdrop model and MGNX coin generating scheme is a bit unclear.
So if we have 6 mil MGN on the Magna chain, there will be the posibility to drop up to 12 mil MGNX on the Komodo chain if all addresses Holding those 6 mil MGN were registered for aidrop ?
What happens after airdrop ? Will MGNX be dropped further while the old chain still generates MGN ?
The komodo MGNX chain starts at block 1, with those 12 mil Airdropped coins ?
Or is a fixed number of MGNX allready premined ? If there is a premine done, how do you know how much MGNX to premine, since the Supply of MGN increases with each block. Is there going to be a snapshot Happening for the Airdrop ?
And MGNX Held in the agama wallet will generate coins same as Komodo Held in agama wallet generates Komodo ?
5,800,000 MGN circulating supply
12,000,000 MGNX is the premine. The amount airdropped is just double the number of coins located at that address on the day of the drop. No snapshot needed.
MGNX also has an increasing supply up until block 5.2 million or so. 90% PoS / 10% PoW split. Check out the specs infographic.