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PLAT Expansion
How is PLAT distributed?
At the beginning of every epoch, if the time weighted average price (TWAP) of PLAT is > 1.1, new PLAT will be minted in Staking.
The amount of new PLAT distributed depends on the current circulating supply of PLAT.
Circulating Supply of PLAT | Expansion Rate (PLAT Minted) |
|---|---|
PLAT ≤ 500k | 4.5% expansion |
500k < PLAT ≤ 1m | 4% expansion |
1m < PLAT ≤ 1.5m | 3.5% expansion |
1.5m < PLAT ≤ 2m | 3% expansion |
2m < PLAT ≤ 5m | 2.5% expansion |
5m < PLAT ≤ 10m | 2% expansion |
10m < PLAT ≤ 20m | 1.5% expansion |
20m < PLAT ≤ 50m | 1.25% expansion |
50m < PLAT | 1% expansion |
Last modified 9mo ago