$SR
$SR token is the native token of Sunrise network. $SR token can be used for staking. The staked amount will be calculated as a voting power for the governance.
$SR is preserved as microSR in the Sunrise blockchain. 1000000microSR in the blockchain means 1 SR in the real world.
Ticker: SR
Denom in the blockchain:
microSRInitial total supply: 1,000,000,000SR =
1_000_000_000_000_000microSR
Usecases
Staking
$SR can be staked to the Sunrise network. The staked amount will be calculated as a voting power for the governance. Furthermore, the rewards for stakers will be distributed in proportion to the staked amount.
Inflation rate schedule
On chain parameters
The actual inflation rate will vary from the target inflation rate according to the bonded ratio.
Max inflation | 10% |
Min inflation | 6% |
Off chain parameters
Disinflation rate per year | 8% |
Converged inflation | 2% |
Simulations
Low bonded ratio
| Year | Inflation |
|---|---|
0 | 10.000000% |
1 | 9.200000% |
2 | 8.464000% |
3 | 7.786880% |
4 | 7.163930% |
5 | 6.590815% |
6 | 6.063550% |
7 | 5.578466% |
8 | 5.132189% |
9 | 4.721614% |
10 | 4.343885% |
11 | 3.996374% |
12 | 3.676664% |
13 | 3.382531% |
14 | 3.111928% |
15 | 2.862974% |
16 | 2.633936% |
17 | 2.423221% |
18 | 2.229364% |
19 | 2.051014% |
High bonded ratio
| Year | Inflation |
|---|---|
0 | 6.000000% |
1 | 5.520000% |
2 | 5.078400% |
3 | 4.672128% |
4 | 4.298358% |
5 | 3.954489% |
6 | 3.638130% |
7 | 3.347080% |
8 | 3.079313% |
9 | 2.832968% |
10 | 2.606331% |
11 | 2.397824% |
12 | 2.205998% |
13 | 2.029518% |
14 | 2.000000% |
15 | 2.000000% |
16 | 2.000000% |
17 | 2.000000% |
18 | 2.000000% |
19 | 2.000000% |
Supported wallet applications
Wallets that support Cosmos blockchains
Keplr
Leap
XDEFI
Command Line Interface (CLI)
sunrised
Listed exchanges
Coming soon
Last updated