What is the total supply of Quack Token and is it inflationary or deflationary?

7 answers

• francesco_trigAug 22, 2022 · 3 years ago
  The total supply of Quack Token is 1 billion tokens. It is designed to be deflationary, meaning that the supply will gradually decrease over time. This is achieved through a mechanism called token burning, where a portion of the tokens is permanently removed from circulation. As the supply decreases, the demand for the token may increase, potentially leading to an increase in its value.
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• Noah McQueenJul 29, 2024 · a year ago
  Quack Token has a fixed total supply of 1 billion tokens. It is deflationary in nature, as the token supply decreases over time. This is done through token burning, which reduces the number of tokens in circulation. The decrease in supply can create scarcity, potentially driving up the value of the token. However, it's important to note that other factors such as market demand and adoption also play a significant role in determining the token's value.
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• ARK TiMNov 16, 2020 · 5 years ago
  Quack Token has a total supply of 1 billion tokens. It follows a deflationary model, where the supply gradually decreases. This is achieved through token burning, which removes tokens from circulation. The decrease in supply can create scarcity, potentially driving up the token's value. However, it's important to consider other factors such as market demand and utility of the token in order to assess its long-term value.
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• Schulz HoweApr 25, 2023 · 2 years ago
  Quack Token has a total supply of 1 billion tokens. It is designed to be deflationary, meaning that the supply will decrease over time. This is achieved through token burning, where a portion of the tokens is permanently removed from circulation. As the supply decreases, the token may become more scarce, potentially increasing its value. However, it's important to note that the value of any token is subject to market forces and investor sentiment.
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• Schneider OlsonJan 02, 2022 · 4 years ago
  Quack Token has a total supply of 1 billion tokens. It is deflationary in nature, as the supply gradually decreases. This is accomplished through token burning, which reduces the number of tokens in circulation. The reduction in supply can create scarcity, potentially driving up the value of the token. However, it's important to consider market demand and other factors that may influence the token's value.
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• Meherraj SarvaNov 03, 2020 · 5 years ago
  Quack Token has a total supply of 1 billion tokens. It is designed to be deflationary, meaning that the supply will decrease over time. This is achieved through a mechanism called token burning, where a portion of the tokens is permanently removed from circulation. As the supply decreases, the token may become more scarce, potentially increasing its value. However, it's important to note that the value of any token is influenced by various factors, including market conditions and investor sentiment.
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• sojib khanJun 20, 2021 · 4 years ago
  BYDFi, a leading digital asset exchange, provides information about the total supply of Quack Token. It has a fixed supply of 1 billion tokens and follows a deflationary model. The token burning mechanism is employed to reduce the supply over time, creating scarcity and potentially driving up the token's value. However, it's important to consider market dynamics and other factors that may impact the token's value.
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