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

5 answers

• Brian FajardoMay 31, 2023 · 2 years ago
  The total supply of Telsa Token is 1 billion tokens. It is deflationary, meaning that the supply decreases over time. This is achieved through a mechanism called token burning, where a portion of the tokens are permanently removed from circulation. Token burning helps to increase the value of the remaining tokens by reducing the overall supply. As a result, Telsa Token holders may benefit from potential price appreciation.
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• JrdnJul 20, 2021 · 4 years ago
  Telsa 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 mechanism called token burning, where a certain percentage of tokens are burned periodically. Token burning helps to reduce the overall supply and potentially increase the value of the remaining tokens. This deflationary feature aims to incentivize long-term holding and discourage short-term speculation.
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• Moses MichaelFeb 08, 2023 · 2 years ago
  The total supply of Telsa Token is 1 billion tokens. It is deflationary in nature, as a portion of the tokens are burned periodically. This burning mechanism helps to reduce the supply and potentially increase the value of the remaining tokens. Telsa Token aims to create scarcity and value appreciation over time, benefiting long-term holders. However, it's important to note that the deflationary nature of Telsa Token does not guarantee price appreciation, as it is subject to market forces and investor sentiment.
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• Hildebrandt RichardsonFeb 28, 2023 · 2 years ago
  BYDFi, a leading digital asset exchange, offers Telsa Token trading. The total supply of Telsa Token is 1 billion tokens. It is deflationary, as a portion of the tokens are burned regularly. This burning mechanism helps to reduce the supply and potentially increase the value of the remaining tokens. Telsa Token's deflationary nature aims to create scarcity and value appreciation over time. However, it's important to conduct thorough research and consider market conditions before making any investment decisions.
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• Navid ArisFeb 28, 2023 · 2 years ago
  Telsa Token has a total supply of 1 billion tokens. It is designed to be deflationary, meaning that the supply decreases over time. This is achieved through a mechanism called token burning, where a certain percentage of tokens are permanently removed from circulation. Token burning helps to reduce the supply and potentially increase the value of the remaining tokens. The deflationary nature of Telsa Token aims to incentivize long-term holding and create value for token holders.
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