Issuance Breakdown The permanent linear supply growth model reduces the risk of what some see as excessive wealth concentration in Bitcoin, and gives individuals living in present and future eras a fair chance to acquire currency units, while at the same time discouraging depreciation of ether because the "supply growth rate" as a percentage still tends to zero over time. We also theorize that because coins are always lost over time due to carelessness, death, etc, and coin loss can be modeled as a percentage of the total supply per year, that the total currency supply in circulation will in fact eventually stabilize at a value equal to the annual issuance divided by the loss rate (eg. at a loss rate of 1%, once the supply reaches 26X then 0.26X will be mined and 0.26X lost every year, creating an equilibrium). Group At launch After 1 year After 5 years Currency units 1.198X 1.458X 2.498X Purchasers 83.5% 68.6% 40.0% Early contributor distribution 8.26% 6.79% 3.96% Long-term endowment 8.26% 6.79% 3.96% Miners 0% 17.8% 52.0% Despite the linear currency issuance, just like with Bitcoin over time the supply growth rate nevertheless tends to zero. Page 31 ethereum.org