*Inflation figures shown here reflect circulating (market) inflation and may differ from a coin’s projected, policy (planned) inflation.
What is Hermez-network-token?
Hermez Network Token (HEZ) is the native cryptocurrency of the Hermez Network, a Layer-2 scaling solution for Ethereum powered by zk-rollups. The token underpins transaction fees, governance, and security incentives, helping decentralize participation among users, operators, and developers. By accelerating payments and reducing costs, the Hermez network aims to enhance throughput and liquidity in the Ethereum ecosystem.
Why does Hermez-network-token have inflation?
Hermez-network-token has inflation because the protocol mints new tokens to reward network participants—such as validators, operators, and liquidity providers—and to fund ongoing development and governance. The exact emission rate is defined by its tokenomics and can evolve over time through governance decisions.
How is Hermez-network-token inflation calculated?
Hermez-network-token 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 Hermez-network-token emission calculated?
Hermez-network-token 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?.
