Tokenomics

Like most L1 PoS blockchains, Shido does not have a maximum supply and currently operates with a 7% hardcoded inflation rate. This inflation supports the ecosystem by rewarding validators and delegators, ensuring the network remains secure and sustainable. Any adjustments, whether an increase or decrease in this rate, can only be made through on-chain governance proposals via the network’s governance module.

To address inflation, Shido Chain incorporates an inbuilt burn module, which is directly linked to on-chain adoption and transaction volume. The more the network is utilized, the more tokens are burned, effectively mitigating inflation. As adoption grows, the burn mechanism becomes increasingly active, balancing inflation with the network’s growth.

For real-time updates on circulating supply and network performance, visit shidoscan.com. For further technical documentation please visit docs.shidoscan.com.