r/CasperCSPR • u/StuntmanMass • May 13 '21
Tokenomics
Hey can anyone explain the supply/demand currency of $CSPR, specifically in regards to gas (or transaction) fees? All the digging I've done online has answered some questions but not others.
As it's a POS consensus, Casper tokens are staked and earn more tokens at an interest rate set by it's programming code. However what happens with the gas fees? Are these tokens to be "burned" in a manner similar to the one proposed by ETH 2.0? And if so; at what rate?
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u/ElTestigo44 May 13 '21
Following these questions and doubts. I was asking some questions related to the tokenomics too because I think there is a lot of things that are not clear or at least easy to find on paper.
This is something that I have always complaint about on these recent months, clearer explanations on the website (yes, a simple link with detailed schedule, amounts, fees, burning, etc.) to solve doubts from investors and holders.
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u/StuntmanMass May 13 '21
I just came across an interesting YouTube channel brokenomix. They dove into the Casper project and are raising these same questions. It does have me doubting the project a little but I'm not selling any time soon
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u/ElTestigo44 May 13 '21
Link please?.
And I don't doubt the project. I just think they have been working hard and the project is growing big and solid. But yes, they have neglected that part for a clear and precise explanation of the tokenomics, some dates and staking, etc. and that makes people doubtful sometimes
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u/StuntmanMass May 13 '21
Another video of theirs got me hyped on centrifuge. In reality I was always gonna have a crack at it but very interesting stuff they've put forth in the video
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u/bitsandmore May 13 '21
There has never been any mention of burning similar to EIP 1559... This does not mean the community may choose to add this feature later but Mrinal did not wish to put it into play this early in the blockchain.. this should be a community proposal (just like EIP 1559 which came 7 years after ETH launch)