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Copy file name to clipboardExpand all lines: docs/concepts/staking/block_reward.md
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@@ -22,34 +22,35 @@ Reward formulas can be found in the technical documentation [parallelchain-proto
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### Reward Rate
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Over time, the block reward amount decreases as more blocks are added to the blockchain. This is known as the **block reward halving**, and it is a feature of many blockchain networks, including Bitcoin. The block reward halving helps to control the supply of cryptocurrency and prevent inflation.
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The block reward amount gradually decreases as additional blocks are incorporated into the blockchain over time. This process, which is known as the **block reward halving**, is a characteristic found in various blockchain networks, such as Bitcoin. By implementing the block reward halving, the supply of cryptocurrency is regulated, effectively curbing inflationary pressures.
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The reward rate is:
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The reward rate is calcuated as following:
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-Initially 8.5% per annum in the first year
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-Reduced gradually 15% per annum
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-Kept at 1.5% per annum after 10 years (3650 days)
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-First year: 8.5% per annum
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-Reduce 15% per annum
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-After 10 year (3650 days): keep at 1.5% per annum
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The total amount of rewards (issuance) introduced to the network is calculated as follows:
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```
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Total amount of stake x Issuance rate
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```
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The **total amount of rewards (issuance)** introduced to the network is calculated as follows:
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For example, if the total amount of stake of a validator is `100,000 XPLL` currently, and the issuance rate is `0.001`, then the total amount of XPLL to be issued to that validator in the next epoch will be `100,000 * 0.001 = 100 XPLL`.
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$$
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\operatorname{Total amount of stake} \times \operatorname{Issuance rate}
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$$
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For example, if the *total amount of stake* of a validator is `100,000 XPLL` currently, and the *issuance rate* is `0.001`, then the *total amount of XPLL to be issued* to that validator in the next epoch will be `100,000 * 0.001 = 100 XPLL`.
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