β»οΈThe HYPER Daily Update
For every new day that ticks over in the contract, these variables get updated:
HYPER Mineable per Day of Mining goes down -0.08% every day based on day before
this mimics the Bitcoin 4-year halving but does it every year, instead of every 4 year
hRank Bonus goes down -0.35% every day based on day before
Share Rate goes down -0.22% for every day passed
applied all at once after every staking payout
To make things simple to understand, here's how this works out:
The "Cost to mine 1 HYPER" moves up 11,000x
(the HYPER per day per miner goes down 11,000x from 8.8M to 800)
The above is not a price prediction of any kind, it's just a description of the math inside of the protocol describing the cost of production over time until the protocol hits its caps and should not be used and/or looked at as financial advice in any way shape or form.
Last updated