What are your thoughts on the amount of tokens available for these two. It seems they list trillions which does not seem likely. Is there going to be a big burn? I thought I recall reading that the total of PAL was going to mirror STEEM?
Do you know anything about the total amounts?
PAL will actually be limited, inflation is set at 10% and currently there is one bot that which all PAL is sent to for a upvote on steemit is burned. I am sure there will be other types of faucets that will burn the token as well increasing the value in it.
Here is the snapshot from the whitepaper
Your miners mine and annual inflation so year 1 would be 2,100,000 year 2 is 1,890,000 so if you owned 1% of all the miners you would be seeing 21,000 Palcoin in year 1 and 18,900 year two for example. Not bad for 1% lol
oh and as per steem-engine that one I am not sure on yet I will have to do some more research into it. I was lucky to pick up two of the EMFOUR miners before they sold out in 24 hours lol
The total mining pool in years 1 is 210K, not the total of 2.1M inflation.
The column on the right determines that. Yet you are right on the total, there are not a ton of tokens available overall.
20 years will see only 53M. That is not a whole lot.
Ah yup you are right thank you kindly for the correction on that. Forgot to carry the 1 lol jk
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That is okay. I had my shoes off so I was able to count on my toes too.