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MikaX69-

What is max supply of BAND token?

#bandprotocol #cryptocurrency #english
0

6 ответов

12 просмотров
William-

There is none; it's inflationary

0
20.03.2022
MikaX69- Автор вопроса
William
There is none; it's inflationary

OK, just wondering as CoinGecko says that maximum supply for BAND is 100M. CoinGecko also says that circulating supply is 41M and Cosmoscan tells that 94M is bonded to staking. That made me wonder that max supply can't be 100M.

0
20.03.2022
Leon | Band Protocol (🅑)-
MikaX69
OK, just wondering as CoinGecko says that maximum ...

There is no max supply, the 100m is a cap for ERC20 band

0
20.03.2022
Amit-
Leon | Band Protocol (🅑)
There is no max supply, the 100m is a cap for ERC2...

So how will price increase if they just keep creating more band token

0
18.04.2022
Yash-Poojari (🅑) | WON'T ASK FOR FUNDS NOR DM YOU FIRST
Amit
So how will price increase if they just keep creat...

For price point, I did recommend you to join the trader's channel over here @bandprotocoltrade. Band applies an inflationary model on the BAND token to incentivize network participation by the token holders eg. Validators and their delegators (stakers). I'd recommend you to go through our token economics to have a better understanding about it. https://docs.bandchain.org/whitepaper/token-economics.html

0
18.04.2022
Yash-Poojari (🅑) | WON'T ASK FOR FUNDS NOR DM YOU FIRST
Yash Poojari (🅑) | WON'T ASK FOR FUNDS NOR DM YOU FIRST
For price point, I did recommend you to join the t...

With the phase 2 upgrade, the data monetization feature has been enabled. This has added more utility to the band token meaning if the data requesters are placing a request through the monetized data sources then they have to pay a data fee depending on the type of data they are querying from those monetized sources. On our block explorer, you'd be able to see those data fees which are being paid by the requester for each request. https://cosmoscan.io/requests

0
18.04.2022

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