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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
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