Hi, i wan to ask about tokenomics reef, what the

Question

Reef Global Community

henry

Hi, i wan to ask about tokenomics reef, what the

maximum total reef coin?
thanks

#cryptocurrency #de-fi #english #reef

0

30.08.2022

6 ответов

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henry Автор вопроса

Agus Sadeli | kolbir
https://reef.io/tokenomics/

thanks, after i read i got a bit confuse with this sentence maybe because my bad english can u explain about this one below... "Total supply Reef chain token does not have a fixed supply, however the target supply at launch was approx. 20 billion REEF. " does this meaning unlimited supply or until mining to 20billion and can't be mining anymore fix max 20b supply

0

30.08.2022

Don't call me Shirley!

henry
thanks, after i read i got a bit confuse with this...

It means before Reef became a Layer 1 blockchain there was a max supply of 20B. Since it is now a forward looking, stand-alone, reliable, extensible, efficient and fast Layer 1 blockchain for defi, nfts and gaming it uses Npos and needs to reward the validators for securing the network so the cap on supply was removed. This is a normal occurrence with Npos.

0

30.08.2022

henry Автор вопроса

Don't call me Shirley!
It means before Reef became a Layer 1 blockchain t...

oh so now its unlimited supply, ok thanks for the answer

0

30.08.2022

MPH (I WILL NEVER DM YOU FIRST)

This means there’s no max / total supply. Reef is a L1 Npos chain.

0

30.08.2022

henry Автор вопроса