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RE: Tokenomics 101
Thanks @juanmolina, glad you liked it. So when I spoke about inflation I meant the SMT tokens as well. They will work similarly to STEEM with some customizable parameters, but they will be inflationary. There is a max supply which is common in just about all cryptocurrencies including STEEM so they won’t inflate forever, but most are set up to inflate for decades if not centuries, for example the last bitcoin will be mined in 2140.
Thanks for responding, you are very kind.
The inflation of the steem blockchain is based on the creation of new tokens every certain number of blocks.
I didn't know that SMTs also created more tokens over time. This is very interesting for me.
Thank you for sharing your knowledge with me.