*Inflation figures shown here reflect circulating (market) inflation and may differ from a coin’s projected, policy (planned) inflation.
What is Magic-eden?
Magic Eden is a leading Solana-based NFT marketplace powered by its native token, MAGIC. It enables seamless NFT trading, auctions, and creator-friendly features, with staking and governance to reward participation, helping unlock liquidity and foster a vibrant, community-driven ecosystem.
Why does Magic-eden have inflation?
Magic Eden has inflation because new MAGIC tokens are minted to reward staking, liquidity provision, and ecosystem incentives, increasing supply over time. This inflation is governed by the protocol to balance growth with long-term sustainability.
How is Magic-eden inflation calculated?
Magic-eden 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 Magic-eden emission calculated?
Magic-eden 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?.
