@kwibs
"PoW emission gone, 21,600 $ZANO a month that no longer gets partially sold by miners"
Is it safe to assume that those ZANO will now be PoS rewards?
@kwibs
"PoW emission gone, 21,600 $ZANO a month that no longer gets partially sold by miners"
Is it safe to assume that those ZANO will now be PoS rewards?
@ZMiner The coverage ratio depends on the amount of fUSD minted and the amount of Zano held in reserve as well as the price of Zano in relationship to the amount of fUSD minted.
The formula used in determining the coverage ratio is as follows:
(Zano reserves x spot price) / (Issued fUSD - fUSD in the Public Audit Wallet)
Hope that helps clarify the fluctuation of the coverage ratio.