How is it possible for there to be 567k existing coins after a week of mining with no premine, 900k total coins and a 1 year pow period?
Check the supply amount now at 572k
https://c-cex.com/?p=lsd-btcWe have a short reduction period in coin reward (as detailed in the announcement post thread). As time passes we transition to higher stake rewards as the PoW reward tends towards zero, finally reaching zero after a year when the coin will be fully PoS.
As PoW shrinks, PoS will begin to get larger.