Minting

The minting of each and every SSV token is controlled solely by the SSV DAO’s Multisig committee and is subject to approval by the SSV DAO. Currently, a substantial part of the minting of SSV comes from the Incentivized Mainnet(IM) program, which, since October 2023 has minted more than 600.000 SSV. Similar to user acquisition, the goal of the IM program is to accelerate the adoption of DVT, which it has been doing successfully.

The re-utilization of L1 validators is a long-term incentive to continue transitioning to DVT by introducing additional incentives for validators. Successfully adopting bApps will enable the decrease of IM rewards to 0 (at some point in the future) while enabling growth with these incentives coming from bApps. Below is a suggested, possible rate of decrease:

	2025	2026	2027	2028	2029	2030	2031
IM rewards	1M	640K	410K	135K	45K	6K	0
Supply	13M	13.64M	14.05M	14.185M	14.23M	14.3M	14.3M
Inflation	8.3%	4.9%	3%	0.93%	0.3%	0.04%	0%

This is ONLY a potential IM schedule for the sake of deflationary calculations below