Tokenomics speaks to how many tokens are issued and what happens with them.
~ 35 Million ELYS will be minted initially
~ There will be new ELYS minted with every new Epoch.
~ ELYS tokens are released every Epoch (6-18 months) at a gradually reducing emission amount. In the first 9 Epochs (within 13.5 years) 490 Million ELYS will be minted . . After epoch 9 there is a flat 3% inflation.
~ There is a 30% burn on all ELYS fees collected within the ecosystem.
~ More ELYS tokens are released every Epoch (Epochs last 6-18 months) starting at 90million and at a reducing emission amount thereafter.
~ Epoch timing is based on voting by Elyseos governance.
For details of minted token allocation, earned token allocation and token burns and please see our PDF outlining the tokenomics (and our roadmap!)