Issuance or Minting
Within the GAN Chain ecosystem, the token supply currently stands at 2 million tokens allocated for the TestNet phase, with an additional 200 million earmarked for the MainNet launch. Token minting occurs in accordance with a predefined inflation rate.
Inflation Rate: The inflation rate is set at 10% annually. This rate is dynamically adjusted based on factors such as the total token supply staked and the optimal staking rate. A portion of the inflation generated within the GAN Chain network is allocated to stakers, while another portion is directed towards the Treasury and from Treasury to Providers..
It's essential to note that the token inflation rate is not permanently fixed; rather, it can be updated through on-chain governance mechanisms, informed by comprehensive tokenomics research, to ensure the sustainability and effectiveness of the ecosystem over time.
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