inflation

inflation

Abstract

The x/inflation module mints new BCX tokens and allocates them in daily epochs according to the BlockX Token Model distribution to

• Staking Rewards 55%,

• Usage Incentives: 25%,

• Community Pool 20%.

It replaces the currently used Cosmos SDK x/mint module.

The allocation of new coins incentivizes specific behavior in the BlockX network. Inflation allocates funds to 1) the Fee Collector account (in the sdk x/auth module) to increase staking rewards, 2) the x/incentives module account to provide supply for usage incentives and 3) the community pool (managed by sdk x/distr module) to fund spending proposals.