so, even if those tokens burned(or held at @null) you still count that as already "an issued in the past" and do not re-issue what's been burned?
maybe an example would make it easy for us to understand what i mean.
ex)
- Total SP at tipu is 100.
- Thus, 100 TPUs were issued already and distributed.
- 1 year later SP grew up to 110.
- During the one year, 20 tokens were sent to @null.
- You will still only issue 10 TPU more as SP grew by 10.
or will you issue 30 TPUs (10 + 20 that were sent to null) ?
The amount of SP does not determinate how much TPUs are issued.
Instead every time I issue new TPUs I manually set how much SP are backing them up - making sure that the ratio does not go lower.
So in this example after a year we have 80 tokens backed by 110 SP (1 TPU = 1.375 SP).
If I issue 10 new tokens, I need to add at least 13.75 SP to the pool backing the TPUs (to keep the previous ratio). If I issue 20 new tokens it needs to be 27.5 SP and so on.
cool, i get it now!