The new issuance (“inflation”) rate is around 9% of the total supply. When less than 67% of the supply is staked, the rate gradually increases to a maximum of 20%. When over 67% of supply is staked, the rate gradually decreases to a minimum of 7%. <br><br> Currently, the Cosmos Hub pays delegators roughly 7% rewards in ATOMs per year. The annual inflation rate changes depending on the percentage of the network tokens staked. When less than two-thirds of all tokens are staked, inflation gradually increases up to 20%. When over two-thirds of tokens are staked, the network inflation rate gradually decreases to 7%.