At the beginning of every epoch, if the time weighted average price (TWAP) of GLX is greater than 1.01, new GLX will be minted in the Flight Deck.
The amount of new GLX distributed depends on the current circulating supply of GLX as follows:
Up to 5,000
4.5%
Up to 10,000
4%
Up to 15,000
3.5%
Up to 20,000
3%
Up to 50,000
2.5%
Up to 100,000
2%
Up to 200,000
1.5%
Over 200,000
1%
Last updated 4 years ago