/biz/ - Business & Finance

This seems like a really valuable project and I'm trying to understand how network participants actually make money.

Indexer rewards are generated by inflation so even if you receive the maximum, which is proportional to your amount of tokens, you cannot outpace the amount that you're losing to inflation. So you have to rely on query fees for profits.

Their network page says query fees earned on the network over all time have been about 16.7k GRT over 60 epochs (days). Meanwhile over the same period of time about 48M GRT has been minted and 8M burned.

Am I wrong or does amount of queries have to increase approx. 3000x for anyone running a node to be profitable?

Not to mention that 6 months after issuance the early investor tokens unlock and this continues for years - pic related.

Like I said cool project but math doesn't seem to add up.

>>28479345
Isn't the price going to crash in april when the supply doubles.