What is it anyway
Network stake-dependent disinflation targeted interest is the mechanism in which the amount of coins minted during the proof-of-stake phase occurs. Instead of a flat interest, Vericoin's interest rate is targeting for an disinflation rate that ranges from 1.5-2%. This allows for rapidly increasing stake interest rates while network strength is low, creating a powerful incentive to stabilize the network when staking is needed most. In addition, an individual who actively stakes receives significantly larger interest payments over the lifespan of a user compared to the current model. Lastly, since the interest rate is targeted to an disinflation rate which is calculated against 26,751,452 (the total number of VRC produced during the initial Proof-of-Work phase), PoST disinflation rate is non-compounded and decreasing relative to total supply over time. This disinflation-targeted interest mechanism ensures an disinflation rate which gradually diminishes over time, rewards active stakers most, while encouraging distribution of consensus.