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Meer's Initial Distribution and Reward Model Highlighted
The initial distribution of Meer's total supply is characterized by its genesis and PoW outputs, where the genesis portion accounts for 24% and is divided among the founding team (about 4%) and the Medina testnet phase (around 20%). The majority of the circulation, 76%, comes from the PoW output. Interestingly, rather than traditional halving, Qitmeer adopts a gradual 'smooth decay' model for its block rewards, highlighting a different approach to inflation control. The detailed distribution and reward reduction mechanism reflect strategic choices in Meer's ecosystem design.
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AI Analysis
The distribution details reveal that a significant portion of Meer's tokens was allocated during the genesis phase, with the founding team holding a modest 4%, which suggests a balanced approach to ow...
AI Recommendation
Given the distribution and reward models, a cautious approach is recommended. If involved in Meer, monitor the impact of the smooth decay mechanism on inflation and miner incentives over time. For pot...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.