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Team is Velas has fixed max 2.2 billion supply ?

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there is no max supply, 2.2Billion is the circulating supply

Sylvester
there is no max supply, 2.2Billion is the circulat...

Meaning what? Velas will keep on creating more coins?

Neo517 | $QANX
Meaning what? Velas will keep on creating more coi...

supply will increase 8% yearly the first year, but this inflation is reduced 15% annually, and next year will be reduced again until reach 1.5 % as long term inflation

Sylvester
supply will increase 8% yearly the first year, but...

Wouldn't it make price of vlx less? Why not fixed amount

Neo517 | $QANX
Wouldn't it make price of vlx less? Why not fixed ...

velas is a blockchain with good strong utility, more project are buidling on velas

Hamza-Khan Автор вопроса

Do velas has any burning mechanism?

Hamza Khan
Do velas has any burning mechanism?

there is no burning mechanism but there is a mechanism to reduce inflation by 15% yearly

Hamza-Khan Автор вопроса
Sylvester
there is no burning mechanism but there is a mecha...

May be they updated now about this 15% reduction But white paper says inflation rate 8% annually Basic VLX metrics: · · · Total supply - 2,229,737,314 VLX; Circulating Supply - 2,223,461,795 VLX; Inflation rate - 8% annually.

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