Clearing up $QRDO's Tokenomics

By now I've read a lot of different statements about @QredoNetwork's token emission schedule, and as bullish as I am on the tech and team, I too have been confused by the tokenomics 😅

Anon, I'm tired of being confused, so let's figure this out
🧵
The graph in the token paper is labeled by months on the x-axis, but we don't know which month it starts at. I think I've figured it out, based on @JoshGoodbody's AMA here
@JoshGoodbody In that AMA, Josh says that the Circulating Supply will reach ~305 million tokens by the end of 2022. That lines up with the end of the second cliff on this graph; month 16

15 months before late December 2022 is late September 2021, when the $QRDO token was first listed on CMC
So far so good..
Elon's son posted this widely circulated chart with monthly supplies, but it doesn't match the cliffs on the graph. I asked about this with a Telegram admin, and he said the chart is a decent enough representation, but Josh's figures are more accurate


That chart looks like where the July cliff idea came from

But back to the AMA, let's do a sanity check

Josh's other statement: "the ecosystem fund vests slowly over 2022"
The dark pink section: "Lemme grow bigger with each cliff, but grow the mooost (% wise) in 2022"
(same pic)
Also checks out

So what does all this mean for #Qredo? In September, the circulating supply was ~1 million coins, which we can see on the graph, and in this exchange listing


It's since grown to 33 million, and the price has only gone up from $1.33
That growth in the face of the large (albeit initial) token inflation comforts me, and so does the buyback program all current validators are in agreement over. It also makes sense to me that investing exchanges, institutions, and validators will hold at least,
..say, half of their tokens through the 1st cliff in Sept/Oct 2022, when the circulating supply will be ~175m. That cliff is the largest % wise, and it's roughly a 100% increase
A 2x of the circulating supply is not uncommon in crypto. Take Solana: 4/5ths of all their coins released in January 2021
Granted, $SOL's circulating cap was 1/10th of what $QRDO's is now, but that just makes it more comparable to QRDO's September doubling
The tokenomics graph is steep, and it's not hard to be fearful at first glance. That's why I wrote this thread, to piece all the info together, and shed some literal light on the graph

(The initial Sales having basically the background color has definitely not quelled FUD)
Hopefully this thread has helped you like it's helped me, anon

I leave you all with one more thing
@QredoNetwork, wen high-res graph?

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