PLAT Expansion

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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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