I read in the IDENA FAQ that the total supply of IDENA is not limited. Why do you make IDENA coins is not limited? wouldn't it be better if the total supply was limited.
There are constant of 51 840 IDENA coins being distributed daily. Current circulating supply is equal to 44 934 700 what gives us 52k x 365 / 45M = 42% inflation annually ... pretty much but let's take a look at that after 10 years.
circulation supply 234 150 700 and still the same 52k coins daily what gives us 8% inflation. It's still not what average crypto enthusiast is looking for BUT ...
1-" Miners get 10% of transaction fees, 90% of the fees are burnt. "
2- ~5-20% of minted coins are being burned due to mining penalty, stake loss due to 2 wrong validations in a row
3- even more coin will be burned due to penalties (f.e shitty flips) and due to IDENA showing its real world value:
"100% of ad payments will be burnt"
https://idena.io/images/idena-coin-economy.png?2So IDENA supply is not limited but if project will succeed I believe that it will reach max supply one day and due to amount of coins being burned the total supply will start to decrease.
There is also a lot of people who mined a lot early and lose it.
