Hi guys, quick question regarding the number of total tokens.

Question

Hi guys, quick question regarding the number of total tokens.

(I know there is no max supply). So, started to monitor this on a daily basis and noticed that in a few days, the number went up from 17.5b to 17.7 and now 18b. I know why this is happening, but what worries me is the speed of new tokens generated.

Is this a possible problem in the future? I know that more Dapps -> more transactions -> more tokens burn. But until we have a significant number of dapps on reef blockchain, it will take time.. a few months maybe. What will happen if the number of total reef coins will increase like this on a daily basis, in a few months, until we have a good amount of dapps and transactions that wil combat the inflation? In this pace, we will have way over 20b tokens

#cryptocurrency #de-fi #english #reef

0

08.02.2022

18 ответов

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Pop Emi Автор вопроса

@dereksilva ?

0

08.02.2022

Pop Emi Автор вопроса

Bene Richi
🔥 Regarding Yesterdays Supply Increase: "We are ta...

Thanks!

0

08.02.2022

Nero

Bene Richi
🔥 Regarding Yesterdays Supply Increase: "We are ta...

Now increasing if numbers growing, but maybe it will be reduced-removed ones everything settles down I’m right or not ?

0

08.02.2022

Bene Richi

Nero
Now increasing if numbers growing, but maybe it wi...

Yes thats what i also understand.

0

08.02.2022

Nero

Bene Richi
Yes thats what i also understand.

Ok thanks 👍🏻

0

08.02.2022

Papa 🔺

Bene Richi
🔥 Regarding Yesterdays Supply Increase: "We are ta...

Furkan-A

0

08.02.2022

Seaweed

Bene Richi
🔥 Regarding Yesterdays Supply Increase: "We are ta...

Ah I see they have answered it. But wait, why do we run out of ERC20 but provided BEP20 tokens to Binance? Does it make the ERC20 more difficult to withdraw :).

0

09.02.2022

Ander ₿

Bene Richi
🔥 Regarding Yesterdays Supply Increase: "We are ta...

@denkomanceski can you give us the reasonable explanation (in detail) why those token are not increase the supply?

0

09.02.2022

Yash Tiwari

Ander ₿
@denkomanceski can you give us the reasonable expl...

Reason is already mentioned there right!!

0

09.02.2022

Ander ₿

Yash Tiwari
Reason is already mentioned there right!!

But not reasonable. "So those tokens are not really increasing the supply." => I need explanation why it not increase the supply

0

09.02.2022

Yash Tiwari

Ander ₿
But not reasonable. "So those tokens are not reall...

Read it again please!

0

09.02.2022

Nero

Yash Tiwari
Read it again please!

By reading again you not gonna understand because numbers incresing that’s mean supply increasing, and in that message not saying it will be removed at some point, so read it and explain clearly what is what !?

0

09.02.2022

Pop Emi Автор вопроса

What happened to erc-20 bridge on gate? It's been disabled again

0

04.03.2022

Pop Emi Автор вопроса

Pop Emi
What happened to erc-20 bridge on gate? It's been ...

No updates? Any admins?

0

05.03.2022

MPH (I WILL NEVER DM YOU FIRST)

No news from our end.

0

05.03.2022

Pop Emi Автор вопроса

MPH (I WILL NEVER DM YOU FIRST)
No news from our end.

It's a bit wierd.. so many erc tokens transffered (500 mil) and the liquidity is gone

0

05.03.2022

MPH (I WILL NEVER DM YOU FIRST)

Pop Emi
It's a bit wierd.. so many erc tokens transffered ...

I can’t provide an answer that I don’t have. You could try asking the gate.io support.

0

05.03.2022

Bene Richi · Accepted Answer

🔥 Regarding Yesterdays Supply Increase: "We are taking it to Gate.io and Bitfinex through Binance (since binance has a lot of erc20). Its needed to provide liquidity so users can withdraw erc20 from those exchanges. Since now the withdrawal is disabled since they ran out of erc20. Now that we are launching the ecosystem the demand will be bigger for Reef20 instead of erc20/bep20. So those tokens are not really increasing the supply." - Denko Mancheski

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Hi guys, quick question regarding the number of total tokens.

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