The amount of newly issued ICX is an increment function of the growth rate in the ICON Network activity. The annual issuance rate is approximately 5%~10%, however, the exact rate depends on the P-rep's node operating costs, compensation for DApp providing valuable services, compensation for developers who have a positive impact on the ICON ecosystem, and compensation for ICONists participating in various votes. The issuance rate will be minimized to prevent inflation, however, P-Reps/C-Reps can vote to adjust issuance to incentivize more development, vote participation, DApp production, etc.
How is ICX issued and what are the future issuing plans? Print
Modified on: Sat, 15 Dec, 2018 at 3:10 AM
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