Emission Rate

The emission rate determines the amount of cryptocurrency units generated per block in the GAN Chain. For instance, let's consider a GAN Chain that emits 0.1 GPoints per block.

  • Block Creation Time: A new block is created approximately every 6 seconds within the GAN Chain network.

  • Daily Emission: With a block emission rate of 0.1 GPoints per block and a block creation rate of one block every 6 seconds, the total emission per day can be calculated as follows:

Emission_per_block × Blocks_per_day = Total_emission_per_day

Hence,

Total GPoints emitted per day = 0.1 × 14400 = 1440 Gpoints

According to the above calculation, reward distribution is as follows :

  • For Validators i.e. 20%, so total GPoints are allocated for distribution among validators is 288 GPoints per day.

  • Remaining 80% ie, 1152 GPoints are allocated for the compute providers of the network.

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