Post
Topic
Board Announcements (Altcoins)
Re: Energi [NRG] Cryptocurrency for World Adoption | PoW | MN | No-ICO |
by
EnergiCrypto
on 29/07/2019, 21:58:18 UTC
So, looking into the project it is my understanding that, as time passes on, the POS rewards get smaller? If not, the only offsetting thing to me is the amount of inflation that could constantly push the price down. What's to stop this from happening? Is there a maximum number of coins? It just seems like it will hyper inflate and lose all it's value over time.

1M NRG will always be released per month, but this will be a decreasing amount of inflation as that 1M is a smaller percentage of the total supply over time. PoS rewards will decrease over time as more NRG is collectively staked. The worst of the inflation was the first year and NRG held up just fine, in fact, it still outperformed almost every other cryptocurrency.

There is no maximum number of coins in Energi because the Treasury and Masternode allocation are essential to Energi’s survival, and are essentially the engine behind Energi. Thus we do not see a reason to give Energi a “death sentence” by removing its engine. The treasury funds have allowed us to expand to a 40 person team and you can see where these funds are directed here: https://www.energi.world/treasury-history/

If you would like to learn more about Energi, I recommend checking out this page:https://www.energi.world/how-energi-sets-itself-apart/ as well as this video: https://www.youtube.com/watch?v=5D1oJk-GzQs