Sustainable Economics

Long term balance between inflation and deflation; engineered to be scalable.

Keep everything In Balance

PIVX's monetary policy was engineered for a long term sustainable balance between inflation and deflation. This maximizes the network security and supports a scalable, decentralized, and resilient node infrastructure, allowing for instant, shield transactions globally.

Low Barrier To Entry

With low hardware costs and the ability for anyone to participate in securing the PIVX network, the potential for global inclusiveness is almost unlimited.

Self Funded (No ICO)

Launched in 2016 with no pre-mine, PIVX is a true fair-launch coin.

Dynamic Coin Supply Model

The PIVX coin supply changes with the volume of transactions, based on emission rate and fee burning.

Block Rewards

PIVX has a fixed emission rate of 10 PIV per block (divided between stakers and masternodes) and 10 PIV per block are allocated at superblock, to fund proposals from treasury.

Burned Fees

The fees for each transaction are burned from the supply; creating a deflationary effect with increased transactions and use.

Inflation Model

PIVX has a tail emission, with a current annual inflation rate around 12.68% (as of January 2024) that decays to 0%.

87,967,332 PIV

Circulating Supply

0.0491 PIV

Avg Transaction Fee

10,512,000 PIV

Max Annual Inflation

PIVX Supply Inflation

PIVX utilizes a tail emission as the block rewards are incentives for network participants to continue hosting and securing a healthy network without passing costs on to users in the form of high fees. With PIVX's static emission rate, it has a current corresponding annual inflation rate of around 12.68% as of January 2024, and will effectively decay towards 0%.

With no coins lost or burnt, it will take approximately 20 years to double the total supply of PIV today. However, with PIVX's built-in deflation mechanism, it is more likely to take more than 20 years, if ever double the current supply.

PIVX creates a new block every 60 seconds. Each of these blocks create 10 new PIV, and allocates 10 new PIV for any treasury proposals:

  • 4 PIV per block is created and paid to the staker that wrote the block.
  • 6 PIV per block is created and paid to the next masternode in the payment queue.
  • 10 PIV per block are allocated to the Treasury, but those are only created at Superblock, to fund proposals that are passed by votes from Masternodes.

1187

Rank

30,353,250,805

Market Cap

345.73

Price/PIVX

5,818,219,686

24h Volume

PIVX Supply Deflation

Users of PIV pay a small transaction fee per transaction. All transaction fees are burned removing coins from total supply, resulting in a deflationary aspect to the supply.

While it is impossible to ascertain what future adoption/use of PIVX looks like, we modeled 4 scenarios network use, and plotted the corresponding effect of that use on the total supply.

PIVX Economics Whitepaper

Academic information about PIVX Coin Economics, which includes its monetary policy and economic forces that drive the coin.

Frequently asked Questions

How Low Are The Network Fees For PIVX?

PIVX has consistently had some of the lowest transaction fees in the industry (typical sends “cost” the sender < 0.003 PIV (< $0.01) per transaction. Remember, these fees are burnt from the total coin supply, thus reducing inflation assisting in stabilizing the coin value.

How Fast Is A PIVX Transaction?

PIVX transactions are incredibly fast. Watch payments remit in < 1 second, with full ability to spend/use those funds after 6 confirmations (~ 6 minutes).

Need more help?

You can learn more in the PIVX Knowledgebase or post your questions in the PIVX Forum or Discord.