The initial total supply was 226 million, and it has

Hello @tabletennis1. Checked internally, and here’s the information you asked for: - There is currently no automatic inflation schedule for KNC. No further KNC can be minted unless KyberDAO votes and approves such a proposal. - However, note that in May 2021, 42,050,588 KNC was minted by KyberDAO as an Ecosystem Growth Fund to be used for KyberSwap operations. Subsequently, in https://github.com/KyberNetwork/KIPs/blob/master/KIPs/kip-20.md and https://github.com/KyberNetwork/KIPs/blob/master/KIPs/kip-23.md, KyberDAO gave approval to the KyberSwap team to decide how and when to use the KNC, based on a set of criteria and guidelines. - Over time, there will be manual KNC outflows from the Ecosystem Growth Fund towards various KyberSwap activities such as liquidity bootstrapping, yield farming incentives, trading incentives, gas refunds, marketing, improving security, and KyberDAO operations. - Remaining KNC in the Ecosystem Growth Fund are stored in these KyberDAO-related addresses: - DAO Operator: 0xE6A7338cba0A1070AdfB22c07115299605454713 - DAO Multisig (on Ethereum, BNB chain, Avalanche, Polygon, Arbitrum, Optimism): 0x91c9d4373b077ef8082f468c7c97f2c499e36f5b - Circulating, total, and max supply of KNC can be found on CoinGecko: https://www.coingecko.com/en/coins/kyber-network-crystal

0

24.09.2023

TerrorMichael · Accepted Answer

TerrorMichael

Hi. Knc has no max supply and can be minted. Though for a mint/burn can occur kyberdao would have to vote on it

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23.09.2023

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The initial total supply was 226 million, and it has

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