Where Do HIVE Rewards come from? - #IAmAliveChallenge - Day 26 - #HiveIsAlive

24

jeanlucsr

Published on Aug 27, 2020
About :

One of the biggest questions I couldn't answer when onboarding people to Hive is that I didn't know where the funds for the Hive reward pool were coming from.

Luckily @mraoul took some time to research it and found the answers in the Hive FAQs :).

You can read more about it here:
https://hive.blog/faq.html#Where_do_the_new_HIVE_tokens_come_from

In short:
But there is not a fixed supply of Hive. Starting with the network's 16th hard fork in December 2016, Hive began creating new tokens at a yearly inflation rate of 9.5%.

Out of the new tokens that are generated:
65% go to the reward pool, which is split between authors and curators.
15% of the new tokens are awarded to holders of Hive Power.
10% of the new tokens are awarded to the Hive Proposal System.
The remaining 10% pays for the witnesses to power the blockchain.

#lobi
@jeanlucsr

Tags :

iamalivechallenge hiveisalive hive ctp threespeak

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