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

3 answers

• Hendriksen MclaughlinMay 14, 2021 · 4 years ago
  The total supply of SOS Token is 1 billion tokens. It is a deflationary token, meaning that the total supply decreases over time. The token has a built-in mechanism that burns a portion of tokens with each transaction, reducing the overall supply. This burning mechanism helps to create scarcity and potentially increase the value of the token.
  344

  172
• Martin SovaNov 16, 2020 · 5 years ago
  SOS Token has a fixed total supply of 1 billion tokens. It is designed to be deflationary, which means that the supply decreases over time. This is achieved through a burning mechanism, where a portion of tokens is destroyed with each transaction. As a result, the total supply of SOS Token gradually decreases, potentially leading to an increase in its value.
  360

  120
• Hansson PhilipsenDec 09, 2024 · 7 months ago
  The total supply of SOS Token is 1 billion tokens. It is a deflationary token, which means that the supply decreases over time. This deflationary mechanism is achieved through a burning mechanism, where a portion of tokens is burned with each transaction. This helps to control the supply and potentially increase the value of the token. Please note that this information is based on the current design of SOS Token and may be subject to change in the future.
  459

  115