| json_metadata | "{"app":"musing/1.1","appTags":["palnet","steem","question","stee-engine"],"appCategory":"palnet","appTitle":"What is the total supply of PAL token, what is the inflation rate & how the reward pool works in PAL?","appBody":"<p><strong>PAL Supply</strong></p>\n<p>The current(mid-2019) total supply of PAL is 21 Million(with the current inflation being 10% per year).</p>\n<p><br></p>\n<p><img src=\"https://cdn.steemitimages.com/DQmcDZ4BeSB2jq5EiGgxxrQzNNrksohTfn2jRx4iUQB82wr/p2.png\" /></p>\n<p> <strong>PAL Inflation</strong></p>\n<ul>\n <li>The initial target inflation in PAL starts from 10% & decreases at the rate of 1% per year.</li>\n <li>The current inflation(mid-2019) is now 10%.</li>\n <li>The inflation decreases every year until it reaches 4%.</li>\n</ul>\n<p><strong>PAL Reward Pool</strong></p>\n<ul>\n <li>75% of the reward pool is distributed for \"Proof of Brain\"(Content creators & Curators).</li>\n <li>10% of the reward pool is distributed for \"Proof of Interaction\"(msp-active and awarded to the members who actively engage in discussions over discord channel).</li>\n <li>5% of the reward pool is distributed for \"Proof of Moderation\"(msp-finance for administrative task & management).</li>\n <li>10% of the reward pool is distributed for \"Proof of Mining\"(PALM & PALMM miners).</li>\n</ul>\n<p><br></p>\n<p><img src=\"https://cdn.steemitimages.com/DQmT4uqokgt18g3TxfAx1ZdxQ35eevfmuUAcqQSdvmqUNYu/p3.png\" /></p>\n<p> </p>\n<p>PAL has \"Proof-of-Brain\" & \"Proof of Interaction\". Proof-of-Brain refers to the curating of the content on-chain(through palnet.io & on Steem blockchain). Proof-of-Interaction refers to social interaction between the community members over official discord channel of PAL and the PoI reward goes to msp-active, where the community members who partake in healthy discussions over discord channel are rewarded.</p>\n<p>PAL has considered the practical use-case of our social interaction outside Steem blockchain. It is no wonder that majority of the Steemians interact over discord and this interaction is casual & significant, therefore encouraging this individual behaviour through a concept like Proof-of-Interaction is one of the most unique ways and PAL team should be complimented for implementing PoI concept of reward in its incentive model.</p>\n<p><br></p>","appDepth":2,"appParentPermlink":"pk8xzq7zp","appParentAuthor":"groynes","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
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