What is the total supply of Stargate Token and is it inflationary or deflationary?
SIDESH S AI-DSJan 03, 2022 · 4 years ago3 answers
Can you provide more information about the total supply of Stargate Token? Is it an inflationary or deflationary token? How does the tokenomics of Stargate Token work?
3 answers
- Hogan McneilMar 17, 2023 · 2 years agoThe total supply of Stargate Token is 1 billion tokens. It is a deflationary token, meaning that the total supply decreases over time. This is achieved through a mechanism called token burning, where a portion of the tokens are permanently removed from circulation. As the supply decreases, the value of each token may increase.
- Ian TannMar 27, 2022 · 3 years agoStargate 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 process called token burning, where tokens are intentionally destroyed. As the supply decreases, the value of each token may increase, creating a potential incentive for holders.
- Dazai OsamuOct 01, 2022 · 3 years agoStargate Token has a total supply of 1 billion tokens. It is an inflationary token, meaning that the total supply can increase over time. However, the rate of inflation is controlled and gradually decreases over time. This is achieved through a mechanism called halving, where the rate of token issuance is reduced by half at regular intervals. The inflationary nature of Stargate Token is designed to incentivize early adopters and provide liquidity to the ecosystem.
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