DeFi· ★★★· bearish·

Helium's HIP-149 to Mint 141M HNT in Three Years, Emissions Outpacing Network Revenue

  • —141M HNT minted over 36 months, about 77% of the 182.5M tokens on chain when the proposal was written
  • —Effective max supply rises from roughly 206M to 347M HNT, overriding HIP-20's supply cap
  • —First-year emissions run near 196,000 HNT a day, almost 10x the existing rate
  • —Network usage revenue is about $3.5M a year versus roughly $21M in first-year emission value
Why it matters: The central question for HNT holders is whether real carrier demand can outgrow supply; the next quarterly update is the first real test.
Source: NullTX