Since launch, SKL tokenomics included a big milestone at year 5: a major inflation reduction. And today, it arrives! Inflation is reduced by 16.7%, with a 50% reduction coming in November 2026.
The actual circulation is around 6B – the project is about -95% from ATH after 5 years. How can it still be called inflated by 17% if it’s so far down? What does that mean?
It would be good if someone from Skale could explain it on X, here, or in the weekly episode, because no one really understands it.
Let me try to explain it in a simple/more detailed way:
Current Circulation: ~6 bln SKL
Max supply: 7 bln SKL
Tokens left until max supply is reached: ~1bln SKL
Current inflation rate: ~3%
→ Tokens are issued through inflation (e.g. staking rewards to delegators). Reducing the inflation rate by 16.7% means that the latest monthly released token amount is 16.7% lower than it was the previous month.
Last but not least in one year time a 50% decrease of the inflation rate will take place.
Even though this has all been published in the 2020 tokenomics, I hope the above description helps to understand it better.
I am not sure if I understand it. Because if u look at this chart … it speak for everything. When will Skale start doing something for grow? It looks that nothing help or something is broken inside. U write me about inflation that dropped to -17% but it doesn’t help anything…