The following will be done within the next two weeks with additional articles and explanation:
80 million tokens from the contract itself will be burned by going to the null etherium address (0x000000000000000000000000000000000000dEaD) — as it was done with 800 million tokens before.
47 million tokens from the swap contract (0x91b028C41b0268d346E78209Eb5EF5579487b639) ( these tokens have been swapped to native by our users/token holders since the introduction of swap.decentr.net ) will be burned in the same way.
Per these actions there will be slightly less than 73 Million ETH based $dec tokens in the circulation with ability for any user to swap them to native either by using swap.decentr.net or depositing and withdrawing using Ascendex .
On the Cosmos side there is a total of 80 million native $dec tokens available with the inflation at 20% annually. This can be seen at https://explorer.decentr.net/dashboard?networkId=mainnet
We plan to calculate proper inflation reduction and smart contract lockups that will act within the next ten years that would allow for our total token supply on Cosmos side to never exceed 200 million tokens.
In conclusion:
Total supply of ERC -20 $DEC will be 73 Million and will be growing lower as people will swap to Cosmos based $DEC
Total supply of Cosmos based $DEC will stay less than 200 Million with current supply standing at 79 Million
Total supply now across two chains is 152 million with market cap at 1.1 million USD.
Thank you for supporting Decentr!
Official Links for Decentr:
Website: https://decentr.net
Twitter: https://twitter.com/DecentrNet
Telegram Group: https://t.me/DecentrNet
Telegram Ann: https://t.me/DecentrAnnouncements
Github: https://github.com/Decentr-net
Windows Browser: https://decentr.net/#download
OSX Browser: https://decentr.net/#download
Linux Browser: https://decentr.net/#download
Android Browser: https://play.google.com/store/apps/details?id=net.decentr.browser
iOS Browser: https://apps.apple.com/us/app/decentr-browser/id1609950309
Support (Validator, Staking, Browser Support): https://discord.gg/9cSxwKyEjR
