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 in order to maximize the network and value security to support scalable, decentralized, and resilient node infrastructure, allowing for instant, private transations globally.

Low Barrier Entry

With minimal to no hardware costs and the ability for anyone to participate in securing the PIVX network, the global inclusiveness potential is nearly unlimited.

Self Funded (No ICO)

Launched in 2016 with no instamine or secret development mine, PIVX is a true fair-launch coin.

Dynamic Coin Supply Model

The PIVX coin supply ecosystem ebbs and flows with transaction volume, based on emission rate and fee burning.

Block Rewards

PIVX has a fixed emission rate of 5 PIV per block (divided between stakers and masternodes).

Burned Fees

Transaction fees spent on 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 5% (as of June 2020) that decays to 0%.

64,822,428 PIV

Circulating Supply

0.0003 PIV

Avg Transaction Fee

3,153,600 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 5% as of June 2020, 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 5 new PIV, and allocates 1 new PIV for any treasury proposals:

  • 2 PIV per block is created and paid to the staker that wrote the block.
  • 3 PIV per block is created and paid to the next masternode in the payment queue.
  • 1 PIV per block is allocated to the Treasury Budget and [may be] created with the Super Block and paid to a funded proposal.

267

Rank

$24,782,976

Market Cap

$0.382296

Price/PIVX

$1,232,540

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

Check the academic documentation about PIVX Coin Economics, its monetary policy and economic forces behind 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.