How TELOS projets are funded? are these tokens minted above 15% inflation?
How TELOS projets are funded? are these tokens minted above 15% REX APR?
As I know, funding is drawn from an exchange reserve created at the launch of the Telos mainnet, which brings new TLOS into circulation. The TLOS supply is expected to remain fixed for several years until the reserve is exhausted.
Hi there! Currently there is no new inflation. There were tokens minted by the community for EOS genesis holders and exchange holders. Those tokens that went un-claimed are now funding the block producers, Staking Rewards(REX), foundation and WPS system at least until they are fully distributed. Once fully distributed it is quite likely the community will vote to use a low inflation. The projects building on top of Telos are generally privately funded although the foundation often connects projects to Investment groups and grants.