The FOMO which is going to start on Idena would be something worth observing. Here it is how:
Current mining rewards are around 17 DNA per day. This is calculated as 25920 / Total Number of Validated Nodes * 0.9 (90% nodes remain online on average) = 25920 / 1521 = 17.04 DNA per day per Node. The other validation rewards (validation, Flips and invitation) are also shrinking simultaneously at the same rate.
Reckoning the network is growing at 20% + every epoch this shit is really going to take off and blow into numbers that cannot be fathomable by the non-brainy fags here and leave these bizfags keep wondering what caught them. The image has an abstract look of what next 10 epochs may look like.
If what is in the attached is not exponential and deflationary, what is? (Provided the N grows at 20% +).
Now something about the pre-mint of 36 million! Right, right, I know. Right now it is around 70% of the total Supply. Ohhhhhhhhhh, sell everything; it’s a scam, Anonymous team, and bla bla….. Listen you ugly, brain-starved biz fags, just look at the Ethereum’s initial premint for comparison or premined 1 million Bitcoins Satoshi still has in his account, or XRP and any other shitcoin. The premint’s %age is continuously decreasing per day every day. Plus why should the anonymous team—who has managed to develop such a thing—should not reward themselves for their hard work of around 2 years, and give all the coins to the faggot humans. It’s a fair compensation for their work considering the project dynamics moving forward.
In about six months the premint’s %age would come down to 60%, in 1.5 years 45%, & in 3 years just 33%. Plus, majority of the so-called premint is locked until 3 and 5 years from now.
Moral of the story is not getting in now would probably bring the same feelings that Bizfags now have about not getting into BTC when it was $1, or not getting into ETH when it was $0.5. Network growth goes BRRRRRRRRRRRRRRR