*Inflation figures shown here reflect circulating (market) inflation and may differ from a coin’s projected, policy (planned) inflation.
What is Folks?
Folks is a community-driven cryptocurrency designed for fast, affordable transactions and easy access to decentralized finance. Built on a scalable blockchain, Folks enables peer-to-peer payments, smart contracts, and a thriving ecosystem of apps and validators, all under a transparent governance model to drive mainstream adoption.
Why does Folks have inflation?
Folks has inflation because the protocol mints new tokens as block rewards and staking incentives to secure the network and fund governance, increasing supply over time.
How is Folks inflation calculated?
Folks inflation is calculated by comparing the circulating supply from one year ago to today’s supply. The percentage increase in supply over that period is the annual inflation rate. Learn more in our guide: What is cryptocurrency inflation?.
How is Folks emission calculated?
Folks emission refers to how new coins enter circulation, usually through mining or staking rewards. The emission rate depends on the project’s monetary policy and block reward schedule. Learn more in our guide: What is cryptocurrency emission?.
