Just want to confirm, we are deflationary. We burn the

Question

MultiversX - Community

Mic

Just want to confirm, we are deflationary. We burn the

max supply a little everyday?

#blockchain #cryptocurrency #elrond #english

0

12.09.2023

6 ответов

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Mic Автор вопроса

Pa⃨w⃨s⃨ -⃨ I WILL NOT DM/CALL
Max after 10 years is 31.4 million, but this numbe...

where can I keep track of current max supply? Basically you are saying we will never hit 31.4 million because we are burning a little bit regularly, so the max supply is decreasing regularly, correct?

0

7 месяцев назад

Pa⃨w⃨s⃨ -⃨ I WILL NOT DM/CALL

Mic
where can I keep track of current max supply? Basi...

Not burning, but each transaction means that they won't be created, you can see current stats here https://explorer.multiversx.com/analytics

0

7 месяцев назад

Mic Автор вопроса

Pa⃨w⃨s⃨ -⃨ I WILL NOT DM/CALL
Not burning, but each transaction means that they ...

ok, so its not a burn, then where does that mex go? To a dead wallet?

0

7 месяцев назад

Pa⃨w⃨s⃨ -⃨ I WILL NOT DM/CALL

Mic
ok, so its not a burn, then where does that mex go...

Not talking about Mex talking about EGLD. You can find it on xexchange.com when you click on the price of mex on the top, it shows all the statistics

0

7 месяцев назад

Mic Автор вопроса

Pa⃨w⃨s⃨ -⃨ I WILL NOT DM/CALL
Not talking about Mex talking about EGLD. You can...

does mex have a max supply?

0

7 месяцев назад

Pa⃨w⃨s⃨ -⃨ I WILL NOT DM/CALL · Accepted Answer

Pa⃨w⃨s⃨ -⃨ I WILL NOT DM/CALL

Max after 10 years is 31.4 million, but this number will never be hit due to the nature of the issuance model, the more transactions on the network the less the issuance will be https://elrond.com/blog/the-wealth-of-crypto-networks-elrond-economics-paper/ We are in year 4 in the above tokenomics charts found in the link above.

0

7 месяцев назад

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Just want to confirm, we are deflationary. We burn the

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