?

*Inflation figures shown here reflect circulating (market) inflation and may differ from a coin’s projected, policy (planned) inflation.

What is Songbird?

Songbird (SGB) is the Canary Network for the Flare ecosystem, designed to test and refine features before they launch on the Flare mainnet. It uses inflationary tokenomics to reward participants and fund ongoing experimentation, governance, and development. SGB is used for transaction fees, staking rewards, and governance on a real-world testing ground for Flare-enabled apps.

Why does Songbird have inflation?

Songbird has inflation to incentivize participation and network security; ongoing minting rewards validators, guardians, and developers, ensuring there are always incentives to stake and test on the canary network.

How is Songbird inflation calculated?

Songbird 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 Songbird emission calculated?

Songbird 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?.

FAQ

We calculate our own inflation and emission data via our algorithms. You can learn more about how we derive our data in the learn page.

We encourage the usage of any data available on this website. You may use it for your personal or educational goals, but do not use it commercially unless you purchase the CryptoInflation API.

We strive to make the data as accurate as possible, but some blockchains have limitations on how precisely supply, inflation, and emission can be calculated. Moreover, the data on this website often has to be averaged and approximated, therefore the data can be a bit off sometimes.

Cryptocurrency emission and inflation aren’t inherently bad—they’re part of how many blockchains secure their networks and incentivize miners or validators. Moderate inflation can help distribute coins fairly and keep the network active, but excessive or poorly managed emission may dilute value and hurt long-term sustainability. You can learn more about how issuance affects price here.