0g-chain/x/kavadist/spec/01_concepts.md

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# Concepts

The minting mechanism in this module is designed to allow governance to determine a set of inflationary periods and the APR rate of inflation for each period. This module mints coins each block according to the schedule such that after 1 year the APR inflation worth of coins will have been minted. Governance can alter the APR inflation using a parameter change proposal. Parameter change proposals that change the APR will take effect in the block after they pass.
[R4R] Better docs (#541) * update sidebar order * update event backticks * fix broken links * fix spelling 2020-06-03 18:54:31 +00:00			`<!--`
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add kavadist spec 2020-05-07 17:45:32 +00:00			`# Concepts`

			`The minting mechanism in this module is designed to allow governance to determine a set of inflationary periods and the APR rate of inflation for each period. This module mints coins each block according to the schedule such that after 1 year the APR inflation worth of coins will have been minted. Governance can alter the APR inflation using a parameter change proposal. Parameter change proposals that change the APR will take effect in the block after they pass.`