🗣️ How DMD Diamond Blockchain Ecosystem Could Have Limited Amount of Coins And Still Endless Epoch Rewards For Validators?

DMD DIAMOND
2 min readNov 19, 2023

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DMD diamond blockchain uses the “4 coin pot” system in the distribution of its tokens — tokenomics. They include the Claiming Pot, Delta Pot, Reinsert Pot, and the Governance Pot.

While the Claiming Pot helps DMDv3 coin holders to claim new DMD coins that run on v4 network in a 1:1 ratio to their v3 snapshot balance, the Governance Pot stores some percentage of unclaimed coins. In addition to the Governance Pot, a 10% of Epoch rewards continuously fill the DAO Pot — which help the DAO to function when it comes to voting regarding the project, marketing, and granting/funding third party projects.

What would make the DMD diamond blockchain ecosystem to have endless Epoch rewards for validators, while having limited total amount of 4.38 million v4 coins is centered on the “Reinsert and the Delta Pots”.

The Delta Pot provide endless Epoch rewards for validators by serving as a storage system of the coins that results from the difference between the total 4.38 million v4 coins stated to be issued and the unissued coins. These coins are basically used as Epoch rewards.

The Reinsert Pot helps to restore unclaimed DMDv4 coins into circulation, when those coins aren’t claimed by DMD v3 coin owners within 3 months after the mainnet launch. Other abandoned coins obtained from staking contracts (after a period of 10 years), and transaction fees are also used to fund the Reinsert Pot. This Reinsert Pot serves as a structure to fund and add bonuses to the Epoch rewards, funded by the Delta Pot. Hence, endless Epoch rewards for validators.

Years upon years, the Reinsert and the Delta Pots respectively would help to build the Epoch rewards which are used to reward the validators, even though we planned to have a limited 4.38 million v4 coins in circulation.

Interesting right!

Learn more — http://bit.diamonds

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DMD DIAMOND
DMD DIAMOND

Written by DMD DIAMOND

The first blockchain with a cooperative HBBFT consensus, EVM smart-contract abilities and dPOS-based validator election. Learn more: https://bit.diamonds/

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