What is the total supply of Frog Inu tokens and is it inflationary or deflationary?
SaritahahaJan 15, 2024 · 2 years ago3 answers
Can you provide more information about the total supply of Frog Inu tokens? Is it inflationary or deflationary?
3 answers
- leadto grawMar 29, 2021 · 4 years agoThe total supply of Frog Inu tokens is 1,000,000,000,000. It is deflationary in nature, meaning that the supply decreases over time. This is achieved through a token burn mechanism, where a portion of each transaction is burned, reducing the total supply. As a result, the scarcity of Frog Inu tokens increases, potentially leading to an increase in value.
- King KJan 24, 2023 · 2 years agoFrog Inu tokens have a total supply of 1 trillion. The tokenomics of Frog Inu are designed to be deflationary, which means that the supply decreases over time. This is achieved through a combination of token burns and a transaction fee redistribution mechanism. As more transactions occur, a portion of the tokens is burned and another portion is redistributed to existing holders. This helps to create a scarcity of Frog Inu tokens and potentially increase their value.
- JoshephMay 03, 2022 · 3 years agoThe total supply of Frog Inu tokens is 1,000,000,000,000. It is deflationary, which means that the supply decreases over time. This is achieved through a token burn mechanism, where a percentage of each transaction is burned. This reduces the overall supply and can potentially increase the value of Frog Inu tokens. Please note that this information is based on public knowledge and may be subject to change. For the most accurate and up-to-date information, it is recommended to refer to the official Frog Inu website or community channels.
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