IoTeXIOTX

The IoTeX expenses metric measures the total daily cost of token incentives distributed by the IoTeX blockchain network. This includes all forms of IOTX token rewards paid to network participants, including block rewards for validators, epoch rewards for consensus participation, foundation bonuses, and priority bonuses. These token distributions represent direct expenses for the IoTeX protocol, as they dilute the token supply and represent costs incurred to maintain network security and operations. The metric is calculated by aggregating all reward distributions from the official IoTeX reward contract and converting them to USD values.Learn more