What are the factors that determine the circulating supply of CRO?

1 answers

• David PartridgeNov 11, 2023 · 2 years ago
  The circulating supply of CRO tokens is influenced by several factors. One of the key factors is the token distribution strategy. When CRO tokens were initially launched, a certain percentage was allocated to different stakeholders, including the team, investors, and advisors. As these tokens are gradually released into the market, the circulating supply increases. Another factor is the burning of tokens. In some cases, tokens are intentionally burned or destroyed to reduce the overall supply and increase scarcity. This can positively impact the price and demand for CRO tokens. Additionally, the creation of new tokens through mining or staking can also affect the circulating supply. When new tokens are minted, the circulating supply increases. Overall, the circulating supply of CRO is influenced by token distribution, burning, and the creation of new tokens through mining or staking.
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