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RE: Looking at LEO token supply increases during 2022 is interesting

avatar of @dalz
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@dalz
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Hey, I'm the one making those charts :)

Yes the overall inflation for 2022 is around 50%, from 9M to 13.5M tokens. Around half of that inflation (2M) is coming from bounties, on top of the regular inflation, mostly for the HP delegations. Without this the inflation would be around 25%.

When the project launched, there was a pool of tokens, somewhere around 3M to 4M I believe that were not minted, but it was said that they will be used for bounties etc. Time has passed since then a maybe some things have evolved, but that is not up to me to say. There was mentions from the team in some of the AMAs, that they are looking into ways to replace some of the rewards for the HP delegators with other sources.

At the end it comes to the question, is those additional 2M tokens that were minted in 2022 worth it? Do they bring value to the project. Khal has been funding the development totally out of his own pocket, he is not selling anything, so this is one way to try to monetize.

Another aspect is the LEO to HIVE price, if LEO increases in value against HIVE it will bring the minting of the LEO tokens down. This is just my point of view, I'm not an official representative of the project, but a long term community member, same as you :).

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