The author of the most recent on Cardano education threads, “ADA Whale,” a Cardano (ADA) enthusiast, presented the year-over-year inflation dynamics of Cardano’s ADA supply. It appears that the coin will soon become more difficult to find.
Cardano (ADA) getting scarcer over years
The primary cryptocurrency of the Cardano (ADA) blockchain, ADA’s year-over-year (YoY) inflation is rapidly falling. This indicator is at 3.6% at Cardano’s (ADA) epoch 435 at the moment. ADA Whale released these projections on X today, September 11, 2023. The fundamentals of Cardano’s (ADA) tokenomics are favourable because this indicator is declining over time.
The enthusiast added that this indication was at 3.9% 25 epochs ago. The YoY inflation rate for the ADA was around 45% larger than it is right now one hundred twenty-five (125) epochs ago.
One epoch on the Cardano (ADA) blockchain is equivalent to five days. According to the analytical portal Cardano Countdown, only 62.4% of the 36.1 million ADA (the total supply of the coin) are now staked in staking pools.
Supporters of Cardano (ADA), as previously reported by U.Today, emphasise that its scarcity declines more quickly than that of Bitcoin (BTC). Unlike its main competitor Ethereum (ETH), the entire quantity of the ADA currency is limited.
“Quiet halving nobody talks about”
These developments thrill ADA Whale supporters. Some of them related the lowering of inflation to the consequences of periodic emission cutbacks on blockchains with proof-of-work (PoW) resembling Bitcoin (BTC):
Every five years, Cardano doubles, but it happens infrequently enough that you don’t notice it.Most people aren’t even aware of this Cardano feature that is concealed.
The second-largest proof-of-stake (PoS) blockchain is Cardano (ADA). Holders of ADA may assign their coins to particular SPOs that they like to operate staking pools. In addition to ADA payments, players in staking pools can get additional incentives in the core tokens linked to these pools.
A variety of safeguards were put in place by Cardano (ADA) to make its staking process resistant to whale control. Simply expressed, it becomes unprofitable to stake with a certain pool if it grows to an excessive size.
