What is the Mint Rate and where can I check it?

Written By Jack

Last updated 8 days ago

The Mint Rate is the amount of sVVV required to mint 1 DIEM. It follows a predictable algorithm that rises as current DIEM supply approaches or exceeds the Target Diem Supply. You can explore it with the public calculator at https://diem-calculator.venice.ai/

At launch, the parameters are Base Mint Rate 90, Adjustment Power 2, and Target Diem Supply 38,000. Venice will mint 10,000 DIEM at launch, which moves the live Mint Rate to about 93.34 sVVV per DIEM at genesis.