Update hnt-token.mdx #1967
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Update hnt-token.mdx #1967
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Clarifies that the net emissions cap in HIP-20 was set at 1% of the epoch emissions *back then* and isn't adjusted with each halving. Note: The paragraph "If less than 1,643.83561643 HNT is burned for DC within an epoch, the full amount burned will be re-minted and added to the day's usual scheduled emissions for that day's epoch. However, if more than 1,643.83561643 HNT is burned for DC within a single epoch, any HNT burn for DC over 1,643.83561643 will be permanently burned and removed from the max supply, while 1,643.83561643 will be re-minted and distributed in scheduled emissions." isn't correct any more, now that we have the smoothing mechanism implemented. Flagging this, but have no capacity to update it myself.
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Clarifies that the net emissions cap in HIP-20 was set at 1% of the epoch emissions back then and isn't adjusted with each halving.
Note: The paragraph "If less than 1,643.83561643 HNT is burned for DC within an epoch, the full amount burned will be re-minted and added to the day's usual scheduled emissions for that day's epoch. However, if more than 1,643.83561643 HNT is burned for DC within a single epoch, any HNT burn for DC over 1,643.83561643 will be permanently burned and removed from the max supply, while 1,643.83561643 will be re-minted and distributed in scheduled emissions." isn't correct any more, now that we have the smoothing mechanism implemented. Flagging this, but have no capacity atm to update it myself.