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.
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.
With low hardware costs and the ability for anyone to participate in securing the PIVX network, the potential for global inclusiveness is almost unlimited.
Launched in 2016 with no pre-mine, PIVX is a true fair-launch coin.
The PIVX coin supply changes with the volume of transactions, based on emission rate and fee burning.
PIVX has a fixed emission rate of 5 PIV per block (divided between stakers and masternodes).
The fees for each transaction are burned from the supply; creating a deflationary effect with increased transactions and use.
PIVX has a tail emission, with a current annual inflation rate around 4% (as of January 2021) that decays to 0%.
Circulating Supply
Avg Transaction Fee
Max Annual 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 4% as of January 2021, 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 20 new PIV, and allocates 10 new PIV for any treasury proposals:
Rank
Market Cap
Price/PIVX
24h Volume
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.
Academic information about PIVX Coin Economics, which includes its monetary policy and economic forces that drive the coin.
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.
PIVX transactions are incredibly fast. Watch payments remit in < 1 second, with full ability to spend/use those funds after 6 confirmations (~ 6 minutes).
You can learn more in the PIVX Knowledgebase or post your questions in the PIVX Forum or Discord.