Thread by @AionNewsfeed

$AION @Aion_OAN's supply dynamics were confusing & frustrating for holders for years... until recently.

A thread: 1/10

Between its presale in 2017 until Nov 2018, ~18.3MM $AION entered the circulating supply *monthly* through token release schedules (TRS).

From Dec 2018 to Nov 2020, it was ~8.5MM *monthly* until the last TRS ended.

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Since Dec 2020, however, the only $AION entering the circulating supply are ~4.5 AION per 10-second block, or ~1.2MM *monthly* (dubbed "the #Eighthing").

*Annual* circulating supply inflation rate went from >300% at inception to now only ~2.88%.

3/10

In addition to the supply inflation rate drop, since Feb 2021, the @OpenAppNetwork Foundation has been supplementing network security through #mining and #staking, with all $AION block rewards earned by it being burned:

mainnet.theoan.com/#/account/0000…

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With a burn rate of ~0.85% annually, this reduces the effective annual $AION circulating supply inflation rate to only ~2% -- slightly above $BTC's current annual inflation rate of ~1.75%, and below $ETH's of ~5%.

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Additionally, about 18.5% of the current $AION circulating supply is locked in #staking, with stakers earning a ~7.8% annual rate of return (~5.8% adjusted for inflation less burn rate).

You can stake either through my-Aion.TheOAN.com or Staking.TheOAN.com.

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All of these figures can be viewed at a glance at AionWatch.info, one of the first community-driven #bounty initiatives funded with $AION through #AionCBP.

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The $AION community has submitted 6 more #bounty proposals through #AionCBP, on which #developers can submit bids to complete. More details on the program are available here:

reddit.com/r/AionNetwork/…

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Excluding the $AION staked by the Foundation to supplement network security, its AION treasury has >30MM AION available for further project development through #AionCBP.

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In sum, of $AION's ~492MM total supply, when you take out the amounts staked, burned, and held by the Foundation, only ~366MM (~74%) is actually circulating currently.

10/10

Source links for this info (and much more) are available at:

📚 reddit.com/r/AionNetwork/…
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🤖 t.me/AionTGbot

$AION @Aion_OAN @OpenAppNetwork #developers #Java #smartcontracts #RunAVM #blockchain #cryptocurrencies #mining #staking #tokenomics #Eighthing #AionCBP