How is inflation calculated?
The figure above shows the 2022 YTD (year to date) inflation of Proton XPR.
This inflation rate is based on the total supply of XPR on 1st January 2022 compared to the total supply today minus the burned amount of XPR for the period. The supply is captured and inflation is calculated every day at midnight. The burning of XPR doesn't happen automatically at the moment, find the total burned amount here.
The XPR token is a controlled supply token with small annual inflation. To keep the chain secure, inflation of 4% per annum was introduced, awarded on a 1/365 ratio and paid daily. This reward is split as follows:
- 1% split between top 21 block producers
- 1% to all short stakers
- 1% to the governing council
- 1% for farming rewards
The inflation rate includes any potential long stake payouts with the last contract coming to an end in July 2022.
Find all Proton supply details on Protonscan supply page.
In the future, we may publish monthly inflation as well as burning rates.