Treasury coins are not taken from the 80 per block, it's actually from an additional 20 coins per block emitted once each month so nowhere near your calculations above.
Okay, thanks for the info. Missed that part...
So it would change the calculation to:
20 * 60 = 120 Beam per hour * 24 * 365 = 10.5 million Beam for the first year.
The following years (2-5) it will decrease to 10 Beam per Block = 5.25 million Beam per year * 4 years = 21 million Beam
If that is correct, they'll get approx. 31.5 million Coins in 5 years.
So for the time being, that makes it 876k coins per month, or about 430680$.
To be honest
I trust the team to hold the coins more than the miners, but ain't that a bit too big amount? This should be enough to pay about 80 employees and 20 executives.
Thank you for your kind words. The treasury emission is transparent as it can be, without anyones need to calculate any of these things.
if you check the beam block explorer you can clearly see
https://explorer.beam.mw that the monthly emission of treasury coins is as you rightly observe
NEXT TREASURY EMISSION COIN AMOUNT:
876,000 Beams
However, this is again divided between the following parties and it is in no way a running float of $430k for the development of Beam.
So let's look a little deeper into this... *goes off to make a vlog and explain it in simple terms*
