Is the number of Shiba coins fixed or will it increase over time?
CRISTAL RAINMay 13, 2024 · a year ago3 answers
I'm curious about the total supply of Shiba coins. Are there a fixed number of Shiba coins or will the supply increase over time?
3 answers
- DuggyMar 02, 2024 · a year agoThe number of Shiba coins is not fixed. Shiba Inu, the creator of Shiba coins, has implemented an inflationary tokenomics model. This means that the supply of Shiba coins will increase over time. The purpose of this model is to encourage holding and discourage hoarding. By gradually increasing the supply, Shiba Inu aims to create a more stable and sustainable ecosystem for Shiba coins.
- AbdulAziz2001May 05, 2021 · 4 years agoNo, the number of Shiba coins is not fixed. Shiba Inu has designed the token to have a perpetual inflation mechanism. This means that new Shiba coins will be minted and added to the circulating supply regularly. The inflation rate is determined by the community through voting. This approach ensures that the supply of Shiba coins keeps up with the demand and prevents scarcity.
- SarmqewMar 10, 2021 · 4 years agoAccording to BYDFi, the number of Shiba coins is not fixed. Shiba Inu has implemented a tokenomics model that includes a perpetual inflation mechanism. This means that the supply of Shiba coins will increase over time. The purpose of this model is to incentivize holders and create a more dynamic ecosystem for Shiba coins. By gradually increasing the supply, Shiba Inu aims to maintain a healthy balance between supply and demand.
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