Helium Telecom
What is needed to bring Helium to a new market?
Protocols
Related protocols.
Tokenomics
This tokenomics model creates a deflationary pressure through the burn mechanism while maintaining network incentives for hotspot operators. The Helium ecosystem operates with a dual-token model featuring HNT and Data Credits (DC).
HNT Rewards & Supply:
- Daily HNT issuance: 40,957.81 tokens
- Total circulating supply: 179,654,814 HNT
- Daily issuance rate: 0.02% of total supply
- Annualized issuance: 8.32%
- Current HNT price: $3.00-$3.03
Hotspot Economy:
- 63,174 active hotspots on the network
- Average reward per hotspot: 0.648 HNT daily
- Daily monetary value of rewards: $122,873
- Projected yearly rewards: $44,848,802
Burn Mechanism:
- Daily HNT burned: 2,691.42 tokens (6.57% of daily issuance)
- Annual burn rate: 982,368 HNT
- Value burned: $2,976,575
Data Credit System:
- DCs are burned from HNT at $0.00001 per DC
- 1 HNT converts to 303,000 Data Credits
- $10 buys 1,000,000 Data Credits
- Recent 24hr DC burn: $8,155 (815,500,000 DCs)