So I guess the question is, where's the balance that will both bring in new investors and secure the network?
Any real investor wants as small a float as possible. So 6%, 5%, 4%, 3% ?
I'm curious, probably a stupid question but if POS is needed to secure the network, what secures the network when the Minting is finished years later?
That is a good question.
The answer is in the OP, the reward continue for infinite with 5% after 3rd year.
Bitcoin for example has a fixed number of coins (~21mil), the block reward will eventually go to zero, at that time is it believed that the network is so widely used that miners is motivated to mine strictly to claim the tx fees.
Specifications
-Pure PoS
Other Specifications:
...
- PoS variable interests:
- 1st year: 20%
- 2nd year: 15%
- 3rd year: 10%
- 4th and subsequent years: 5%
...