MetaNova Verse Documentation
  • MetaNova Verse Introduction
    • Metanovaverse
    • Tokens
    • Transactions
    • Inflation
    • Keys
      • Keyring
      • Multisig
    • Gas Fees
    • Wallet and Accounts
      • Adding Metanovaverse to Metamask
      • Adding Metanovaverse to Keplr
      • Transfers Between Wallets
      • Backup
    • Deploying Smart Contracts
      • Remix
      • Hardhat
  • Metanovaverse Summary
  • The MNV Token
  • Governance
    • Proposals
      • Proposal Tips
      • Submit a Proposal
    • Community Pool
    • Chain Parameters
  • Technical Concepts
    • Architecture
    • Accounts
    • Chain ID
    • Encoding
    • Pending State
  • dApp Developers
    • Establishing Connections
    • Metanovaverse Clients
    • Guides
      • Wallet Integration
      • Smart Contract Incentive Registration
      • Tracing Transactions
      • Query Balances
    • Testnet
      • Testnet Commands
    • Ethereum JSON-RPC
      • JSON-RPC Server
      • Running the Server
      • Namespaces
      • JSON-RPC Methods
      • Events
  • Protocol Developers
    • Modules
      • auth
        • Concepts
        • State
        • AnteHandlers
        • Keepers
        • Vesting
        • Parameters
        • Client Auth
      • bank
        • State
        • Keepers
        • Messages
        • Events
        • Parameters
        • Client
      • crisis
        • State
        • Messages
        • Events
        • Parameters
        • Client
      • distribution
        • Concepts
        • State
        • Begin Block
        • Messages
        • Hooks
        • Events
        • Parameters
        • Client
      • epochs
        • Concepts
        • State
        • Events
        • Keepers
        • Hooks
        • Queries
        • Future Improvements
      • erc20
        • Concepts
        • State
        • State Transitions
        • Transactions
        • Hooks
        • Events
        • Parameters
        • Clients
      • evidence
        • Concepts
        • State
        • Messages
        • Events
        • Parameters
        • BeginBlock
        • Client
      • evm
        • Concepts
        • State
        • State Transitions
        • Transactions
        • ABCI
        • Hooks
        • Events
        • Parameters
        • Client
      • feemarket
        • Concepts
        • State
        • Begin block
        • End block
        • AnteHandlers
        • Keeper
        • Events
        • Client
        • Future Improvements
        • Parameters
      • feesplit
        • Concepts
        • State
        • State Transitions
        • Transactions
        • Hooks
        • Events
        • Parameters
        • Clients
        • Future Improvements
      • gov
        • Concepts
        • State
        • Messages
        • Events
        • Future Improvements
        • Parameters
        • Client
      • incentives
        • Concepts
        • State
        • State Transitions
        • Transactions
        • Hooks
        • Events
        • Parameters
        • Clients
      • ibc-core
      • inflation
        • Concepts
        • State
        • Hooks
        • Events
        • Parameters
        • Clients
      • slashing
        • Concepts
        • State
        • Messages
        • BeginBlock
        • Hooks
        • Events
        • Staking Tombstone
        • Parameters
        • CLI
      • staking
        • State
        • State Transitions
        • Messages
        • Begin-Block
        • End-Block
        • Hooks
        • Events
        • Parameters
        • Client
      • upgrade
        • Concepts
        • State
        • Events
        • Client
        • Resources
      • vesting
        • Concepts
        • State
        • State Transitions
        • Transactions
        • AnteHandlers
        • Events
        • Clients
  • Validators
    • Quick Start
    • Telemetry
    • Security
      • Tendermint KMS
      • Tendermint KMS + Ledger
      • Validator Security Checklist
      • Validator Backup
    • Snapshots, Archive Nodes
    • FAQ
  • Delegators
    • Staking Process
  • Tokenomics
  • Block Explorers
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On this page
  • Inflation
  • Metanovaverse Token Model
  1. Protocol Developers
  2. Modules
  3. inflation

Concepts

Inflation

In a Proof of Stake (PoS) blockchain, inflation is used as a tool to incentivize participation in the network. Inflation creates and distributes new tokens to participants who can use their tokens to either interact with the protocol or stake their assets to earn rewards and vote for governance proposals.

Especially in an early stage of a network, where staking rewards are high and there are fewer possibilities to interact with the network, inflation can be used as the major tool to incentivize staking and thereby securing the network.

With more stakers, the network becomes increasibly stable and decentralized. It becomes stable, because assets are locked up instead of causing price changes through trading. And it becomes decentralized, because the power to vote for governance proposals is distributed amongst more people.

Metanovaverse Token Model

The Metanovaverse Token Model outlines how the Metanovaverse network is secured through a balanced incentivized interest from users, developers and validators. In this model, inflation plays a major role in sustaining this balance. With an initial supply of 1 billion and 20% tokens being issued through inflation each year.

We implement exponential inflation for staking rewards, usage incentives and community pool to support the token model.

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Last updated 8 months ago