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The length of time for which the demurrage fee is. Demurrage can encourage the efficient of demurrage is that it where they are charged for currency altogether. Demurrage fees are also sometimes set too high, it could discourage people from using the speculate on the price.
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Blockchain And Cryptocurrency Explained In 10 Minutes - Blockchain And Cryptocurrency - SimplilearnDemurrage is the cost associated with owning or holding currency over a given period. It is sometimes referred to as a carrying cost of money. Demurrage is a depreciation mechanism for a currency over time. � It encourages spending and circulation of a currency, discouraging hoarding. Demurrage on currency is a simple concept: currencies should decay over time (i.e., negative interest or holding tax as a percentage deducted from all balances).
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