The network has been bootstrapped, Elrond only had an initial investment of $5 million between private an public sale. Hard work and dedication should be rewarded and while the value of erd and later EGLD has gone up, so does the number in the team.
Have a read here through the tokenomics
Max after 10 years is 31.4 million, but this number will never be hit, there is an issuance model in place. You can read about it in the tokenomics paper, the more transactions on the network the less the issuance will be
https://elrond.com/blog/the-wealth-of-crypto-networks-elrond-economics-paper/
We are in year 2 in the above tokenomics charts found in the link above.
It runs from September, which is when the tokens swapped from ERD
Here you can see the token release schedule, which combined gives you the max supply
https://docs.google.com/spreadsheets/d/17O63aFdf-AVWBaKqRG994l6hzE3v8RnlpiowE1D4foM/edit#gid=2017602328
Millions
The network has been bootstrapped, Elrond only had an initial investment of $5 million between private an public sale. Hard work and dedication should be rewarded and while the value of erd and later EGLD has gone up, so does the number in the team. Have a read here through the tokenomics Max after 10 years is 31.4 million, but this number will never be hit, there is an issuance model in place. You can read about it in the tokenomics paper, the more transactions on the network the less the issuance will be https://elrond.com/blog/the-wealth-of-crypto-networks-elrond-economics-paper/ We are in year 2 in the above tokenomics charts found in the link above. It runs from September, which is when the tokens swapped from ERD Here you can see the token release schedule, which combined gives you the max supply https://docs.google.com/spreadsheets/d/17O63aFdf-AVWBaKqRG994l6hzE3v8RnlpiowE1D4foM/edit#gid=2017602328