Once DPOS matures when we reach soft cap. I believe it was actually one more 0 at 177,000 additional coins putting a soft cap of 1,597,000. After DPOS ends we move into a 5% annual stake with no hard cap currently set. This allows for adequate inflation for market growth, although I believe that 5% is under what the cannabis industry will grow annually.
And how exactly did you come to determine that soft cap number? That is not an official number.
Taken from our Greenpaper:
FAQ
Q: What are the total number of coins available during crowdfunding?
A: 1,000,420 coins will be generated and distributed equally through a major cryptocurrency
exchange. When coins are released, our DPOS “growth rate” staking kicks in.
Q: How many coins are created in DPOS and what is the intrest rate?
A: Approximately 177,700 coins will be generated to POS stake holders in DPOS, after that we
have a 5% interest rate. The minimum stake age is 8 hours with a 60 second blocktime.
I apologize let me redo that....I was wrong on my ICO of stating 1,420,000....so ICO cap 1,000,420, I was also off by 700 coins for the approximation of DPOS. so soft cap would be 1,178,120 coins. at which point we enter 5% annual with no hard cap set. Thank you for providing me the proper numbers to correct my math. I will pay more attention in the future to these details.
