I seriously thought that the price would be even more destroyed by the bear market by now. I think i need to jump back in before December halving rather then wait it out more.
Yes, this is the Block reward scheme
New SEMs are created each time a validator forges a new block.
Once maximum supply is reached, new SEM will no longer be created.
Validators receive the block reward as well as all fees contained in the block.
Block 0 - 2,000,000 : 3 SEM
Block 2,000,001 - 6,000,000 : 2 SEM
Block 6,000,001 - 14,000,000 : 1 SEM
Block 14,000,001+ : 0 SEM
Still time to get some SEM