*Inflation figures shown here reflect circulating (market) inflation and may differ from a coin’s projected, policy (planned) inflation.
What is Velvet?
Velvet is a next-generation cryptocurrency built on a scalable, secure blockchain designed for fast, low-cost transactions. The Velvet token powers decentralized apps, staking, and governance within the Velvet ecosystem, delivering seamless payments and secure value transfer for traders, developers, and validators. It combines fast confirmations with an energy-efficient consensus and a transparent token economy.
Why does Velvet have inflation?
Velvet has a controlled inflation model to incentivize network security and participation. New Velvet tokens are issued as block rewards to miners/validators and stakers, with the emission rate designed to decrease over time according to the project’s schedule.
How is Velvet inflation calculated?
Velvet 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 Velvet emission calculated?
Velvet 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?.
