What are the factors that determine the maximum supply of Atom in the cryptocurrency industry?
Phatcharapha Ain-aeamApr 14, 2023 · 2 years ago1 answers
In the cryptocurrency industry, what are the various factors that play a role in determining the maximum supply of Atom?
1 answers
- Michal MiccoMar 02, 2021 · 4 years agoWhen it comes to determining the maximum supply of Atom, there are a few key factors to consider. Firstly, the initial design of Atom sets a cap on the maximum supply, which is currently set at 237,928,231 tokens. Secondly, the distribution of these tokens among different entities can impact the overall supply available in the market. If a large portion of tokens is held by a small number of entities, it can limit the circulating supply. Additionally, the rate at which new tokens are minted or staked can also affect the maximum supply. As more tokens are minted or staked, the overall supply increases. Finally, any changes to the protocol or governance decisions can potentially impact the maximum supply of Atom. It's important to consider these factors when analyzing the maximum supply of Atom in the cryptocurrency industry.
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