Thread by @marshdefi

Crypto Fundamental Research: $JUNO ⚛️✨

A thread on all you need to know about @JunoNetwork halving and the Juno Token. 🧵

• Key learnings

👉 Introduction

👉 $JUNO halving and halving timetable

👉 Will the $JUNO staking reward be affected by the reduction?

• Introduction

Juno aims to be a more functional sister network to the Cosmos Hub. Juno's goal is to offload the deployment of smart contracts to a specific permission-less network while maintaining the interoperability, performance, and dependability of the Cosmos Ecosystem⚛️

Article: docs.junonetwork.io/juno/readme

• What does halving mean?

"Halving" refers to a procedure or system that includes lowering the pace at which new coins are issued, guaranteeing that a cryptocurrency asset would issue coins at a constant rate up until its maximum supply is achieved. 📈📈

• Schedule for halving & halving Juno

A permission-less sovereign blockchain powered by the #CosmosEcosystem called @JunoNetwork enables Rust dApp and smart contract development. Essentially, a permissionless network for distributed, interoperable apps. 🎮✨

A method on @JunoNetwork called "Juno halving" is utilized to assist generate scarcity. In addition to other use cases, this is done to assist $JUNO gain greater value. 🦾

Supply > Human Want Limit > Demand = Higher Value ✨🤝

When the maximum quantity of Juno tokens is reached, it will periodically be halved, i.e. at an issue rate, therefore the amount of $JUNO tokens must decrease each year.

Note that there is a fixed supply of $JUNO. There will only ever be 185,562,268 $JUNO tokens.

• Genesis Supply Breakdown ⚛️

31% (20 million Juno) to a Community Pool.
16% (10.1 million Juno) to a Core Development Reserve.
4% (2.4 million Juno) to Smart Contract Challenges.
3% (1.8 million Juno vested over 12 years) to the Core Team.

#DeFi #Supply

Schedule for halving JUNO 🥶

The chart below illustrates the pace of issue that $JUNO assets will adhere to up until its maximum supply. From the first year to year 12, it decreases yearly (year 1 - 40%, year 2 - 10%, year 3 - 10%, etc.). 🕵️‍♂️

• Will the $JUNO staking reward be affected by the halving? 👀

Yes, it will have an impact on staking rewards, but it's unclear how much. For example, the annual percentage return may be reduced by half as a result of the halving (APY)

I see a lot of potential for the network to expand and solid performance for the $JUNO token even in the bear with the recent addition of numerous protocols to the @JunoNetwork and the impending halving.

An underrated gem!  Invest now while you can.

$JUNO #DYOR #NFA

I see a lot of potential for the network to expand and solid performance for the $JUNO token even in the bear with the recent addition of numerous protocols to the @JunoNetwork and the impending halving.

An underrated gem! 💎Invest now while you can.

$JUNO #DYOR #NFA

People you should give a follow 👀

🦾 Project

@JunoNetwork

✏️ References

@73lV_
@cryptoecons101

📈 Creators

@Joshyysmartt
@cryptotosis
@CryptoChem0000
@nft_scrt
@gregosuri
@Kausarislamnur
@Meeessien1
@scrtSauce
@ertemann
@LordLegendarius
@ssaintleger

Miss anyone? 👀 ↓

@Flowslikeosmo
@johnniecosmos
@irajinator
@cosmoscoffeeDFI
@TochiXYZ
@73lV_
@Cabanaandre1
@BlackJesusBarbi
@0xtypejohnny
@pratikthakarshi

👀 ↓

@johnniecosmos

@CryptoLikeMo

@cryptodanvans

@iCosmosQueen

@berrycrypt

@CosmosHOSS

@Cryptocito

@OsakPatryk

@bullishbish

@jelenaaa____

@ema_eth

👀 ↓

@BlackJesusBarbi

@RobbStack_sats

@scrtcosmonaut

@StargazeChad

@thekingcosmos

@burger_crypto

@chaosdragon42
@EncryptionDog

@catdotfish

@L1am_Crypto

@ShutenDoji20
@TrillCosmos

@0xhankhank

@ZoltanAtom

@FrauBelz

@BerryBrains3

@pupmos
@Jessicalevi13