Unleashing the Ecological economy of Tfscchain
Headline: Diving into Tfsc Terminologies
In the TFSCCHAIN ecosystem, there is few terminology that is needed to be aware of, with the help of this article, you will be to know them before Mainnet day🖌️
☑️Total Supply
According to the data available on Tfscchain website, there is no definite Total Supply numbers currently but the team we reveal it when times comes
☑️Total circulation supply
According to info on the site, there is 70,000,000 TTOS in the initial block to TTOS with inflation which is the current number of Circulating Supply.
☑️Inflation time cycle:
Transformers go in time by year, from the highest inflation value designed, it will gradually shrink by 12% of the maximum initial inflation rate annually until the stability is a long-term inflation value.
☑️Inflation rate:
The annual growth rate of TTOS under the current total supply, which will vary depending on the time and the total stake, values will differentiate at any point in time, to meet the liquidity requirements of the TTOS. For every 1% increase in the total stake, the inflation rate will reduce the initial inflation rate by 1.35% until inflation stabilizes in the long term.
☑️Stake Amount:
The total number of TTOS locks for all trustors in the transformers network.
☑️Stake rate:
The proportion of the total stake of all verifiers in the current network to the current total current supply.
☑️Stake yield:
This is the total amount of TTOS earned as a Delegator in transformers network. Let say Validator stake 1000 TTOS, and the annual yield on stake is constant at 20%. You will receive 1000 20%=200 TTOS within one year of the staking period.
The trustors can obtain the TTOS generated by the TTOS by staking a certain amount of TTOS. Suppose the node you are staking keeps working properly and meets the workload requirements of the network in the process of constantly changing inflation and stake rates and time, the stake yield of the current network can be calculated as below:
Current stake yield%=(current inflation rate% ÷ current stake rate%)×100%
The transformer’s inflation rate has many factors to consider, we need to design an initially reasonable numerical value for it. That is, meets the kinetic energy needed to stimulate the network construction, meanwhile, needs a reasonable estimate of the additional share for the next 15 or 20 years.
The initial setpoint for inflation needs to make the trustors and verifiers more interested in the network and can have stable and long-term survival in the network. As time progresses, the network will enter a steady state.
In conclusion:
We predict that the demand for TTOS will gradually increase along with ecological development, with the increasing stake ratio, the market demand will be imbalance and needs to release a certain share of the stake to meet the market liquidity, then the inflation rate should be gradually reduced to the long-term stable values
#Tfsc #Ttos
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