What happens when minting isn't able to reward Hotspots?
Net Emissions effectively recycle a pool of 'burned' HNT available for use in rewarding Hotspots, when there are no longer enough provided through minting.
Net Emissions are capped at 1% of current issuance (3,424 HNT minted per epoch) at 34.24 HNT. The system monitors DC usage on the network and adds that amount (up to the cap) onto the issuance supply. The Net Emissions allow rewards to exist in later years, while also not extinguishing deflationary pressure after the cap has been reached. After the cap is exceeded, HNT value should increase, satisfying a Burn-and-Mint equilibrium, explained below.