We started on day 1 with 20 Million $EGLD. Every day (epoch) the protocol issues a fixed amount of $EGLD as a reward for $EGLD that are protecting the network by being staked. This issuance comes from transaction fees and “new” $EGLD makes up the difference between the current reward level and that collect by the fees.
The extra 11.14 mil supply over 10 yrs is what funds the APR we get for staking.
We started on day 1 with 20 Million $EGLD. Every day (epoch) the protocol issues a fixed amount of $EGLD as a reward for $EGLD that are protecting the network by being staked. This issuance comes from transaction fees and “new” $EGLD makes up the difference between the current reward level and that collect by the fees.