...About the 10% PoS and 350,000,000 Total coins, not that sure about it.
We need the 10% stake to increase the interest in the coin while it's being adopted by the real users, but you don't want 10% inflation every year.
I mean, with a total 350M coins it will take more than 25 years to achieve it (maths down below) while 100M coins will take almost 15year.
I think in 15 years this coin is gonna be used by the people it's focused on, so no need to have another 10years of 10% pos.
25.000.000
27.500.000
...
297.954.413
327.749.855
Hi,
I agree with your numbers as a theoretical maximum using 10% but the real life empirically based rate of inflation is more like 1% per year due to the fact that not many people are stake mining, hence the 10% is never realized, in fact based on most of blocks produced during January, the figure is
only 1.134% [24,910,596 - 24,888,934. Over the last 28 days exactly]
Here are my numbers based on the actual kobocoin explorer data.
Using compound interest of 1.134% per annum:-
January 2018: 24,910,596
January 2019: 25,193,108
January 2020: 25,478,825
January 2021: 25.767,782
January 2022: 26,060,017
January 2023: 26,355,565
January 2024: 26,654,466
January 2025: 26,956,756
January 2026: 27,262,474
January 2027: 27,571,660
January 2028: 27,884,352
January 2029: 28,200,590
January 2030: 28,520,415
January 2031: 28,843,867
January 2032: 29,170,988
January 2033: 29,501,818
So in 15 years there are only 4,591,222 Kobocoin produced, this is not much of an increase(+18.43%), so here we have a promising coin that gives a healthy 10% yield through stake mining via simple wallet activation but does not get devalued from too much dumping onto the market by potential commercial stake holding miners.
1 dollar per day income crypto equivalent is easy to obtain even at these prices.
With 10% compound interest per annum return and little downward market pressure, I would say this is a good coin to stake hold mine, and 'coin age' or amount is not important, meaning only 10 kobocoin will still give an income of 1 kobocoin per year just by switching the wallet on once or twice per week throughout the year, and moving coins from wallet to wallet makes little difference to overall return (some stake coins need to be aged for 1 month before they become viable, and this reduces liquidity).
And there are not many coins in total issuance currently, many have over 1 billion giving a potentially false high coinmarketcap value...