there is no max supply, 2.2Billion is the circulating supply
Meaning what? Velas will keep on creating more coins?
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
Wouldn't it make price of vlx less? Why not fixed amount
velas is a blockchain with good strong utility, more project are buidling on velas
Do velas has any burning mechanism?
there is no burning mechanism but there is a mechanism to reduce inflation by 15% yearly
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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