The documentation states that CELO’s total supply is capped:
A total of 400 million CELO will be released for epoch rewards over time. […] It has a fixed total supply and in the long term will exhibit deflationary characteristics like Bitcoin.
If that is the case, the question arises how block producers are being incentivized long-term, especially since EIP1559 is implemented which burns the transaction fees.
Will minting CELO completely stop or will minting stay below threshold
newlyMinted ≤ burnedCELO ?