Economics: Difference between revisions

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Created page with "== BiblePay Economics: == == Gross Block Breakdown: == * Block Emission Level: Starting at 20,000 BBP at inception and decreasing by 19.5% per year. * 15% is escrowed for governance for expenses paid via our sanctuary voted budget - emitted as one monthly superblock (10% for charity, 5% IT) * 85% is rewarded to our Sanctuaries for Services and block security == Gross breakdown of Governance Budget: == * Charity and Recurring Orphanage expenses (compassion.com, Camer..."
 
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== Gross breakdown of Sanctuary Service reward: ==
== Gross breakdown of Sanctuary Service reward: ==


* 99% is given for POVS (Proof of video storage)
* 100% is given to the Sanctuary for Block Security (POW Sanc mining)
* 1% is given to the sanctuary for Block Security (POW mining)


== Deflation: ==
== Deflation: ==

Latest revision as of 11:50, 24 October 2026

BiblePay Economics:

Gross Block Breakdown:

  • Block Emission Level: Starting at 20,000 BBP at inception and decreasing by 19.5% per year.
  • 15% is escrowed for governance for expenses paid via our sanctuary voted budget - emitted as one monthly superblock (10% for charity, 5% IT)
  • 85% is rewarded to our Sanctuaries for Services and block security


Gross breakdown of Governance Budget:

  • Charity and Recurring Orphanage expenses (compassion.com, Cameroon One, Kairos, etc): 66%
  • IT Expenses and Payroll: 33%

Gross breakdown of Sanctuary Service reward:

  • 100% is given to the Sanctuary for Block Security (POW Sanc mining)

Deflation:

The deflation rate of our emission is 1.5% Per Month, or 19.5% per year compounded.

See BiblePay Emission Schedule for more details.