The distribution of new coins - how does it work?
Emission distribution is done mainly through Validators and Delegators.
Validators receive rewards in the form of new emission for block validation.
Delegators receive a part of the Validators rewards when they support Validators position with delegated coins.
In the first year ~ around 50% of new NOAH coins will be mined.
The second-year ~ 25%
The third-year ~ 12%
...and so on.
These are the forecast values.
Through voting, these parameters can be changed if the community considers that the current distribution is inefficient.
There are always pros and cons to each decision:
e.g. PROS - people will HOLD NOAH tokens and delegate them to MINE MORE NEW COINS.