Do I have this correct :

Mining the whole entire Etoken hash % for a day will get you 720 coins or $856 per day for 100% of the network.
1 coin per block and 720 blocks per day.

What am I missing?

240,000 coins exist but you can only mine 720 new coins per day? 0.3% new coins added to total coins per day for a coin that
is not even 28 days old.

Should be 3%. Or 2% at least.
Tell me I am missing something here.