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Hi @gabedotsol Why is the supply of FIDA coin constantly

increasing?

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Sercan- Автор вопроса

I have been a FIDA coin investor for 4 months. I am waiting for it for the long term and this issue caught my attention

Sercan
I have been a FIDA coin investor for 4 months. I ...

Hey friend! FIDA has been unlocking daily from the 31st of December 2021, the tokens are unlocked on a linear basis beginning with 0% unlocked on the 31 Dec 2021 and ending with 100% unlocked on the four-year anniversary. here’s more about FIDA tokenomics https://docs.bonfida.org/collection/bonfida/fida-supply

Sercan- Автор вопроса
gabe.sol Admins Never DM First.
Hey friend! FIDA has been unlocking daily from the...

Ok thanks. So, what will be the supply of FIDA coin when all the locks are opened?

Sercan
Ok thanks. So, what will be the supply of FIDA coi...

This is hard to say because there are FIDAs that are being burned, but initially the total supply is 1,000,000,000. All FIDA acquired by the protocol undergoes burning, with stablecoins used to buy and subsequently burn FIDA in on-chain markets.

Sercan- Автор вопроса
gabe.sol Admins Never DM First.
This is hard to say because there are FIDAs that a...

I understand, thank you for answering my questions. As I said at the beginning, I am a long-term investor, and it has been 4 months. While everyone else was selling their coins, I bought FIDA coin :) Because I'm sure it will reach great places in the future. I hope you don't mislead me 🙏🏻❤️ We will always be waiting for good news from you.

Sercan
I understand, thank you for answering my questions...

We're glad that you are part of our community! I invite you to tomorrow's Bonfida Townhall in our Discord at 5PM UTC. Our team will be talking about recent development and you'll be able to ask questions. Also, 250 FIDA rewards to lucky participants. You can join here: https://discord.gg/QUXbWHst?event=1195043625046900886

Sercan- Автор вопроса
gabe.sol Admins Never DM First.
We're glad that you are part of our community! I i...

Okay thanks, I will definitely attend. What does it mean when you say Townhall?

Sercan
Okay thanks, I will definitely attend. What does ...

The Bonfida Townhall is a weekly meeting that we do to connect with our community.

Sercan- Автор вопроса
Sercan- Автор вопроса
Sercan
Will the event be organized as an AMA?

You will be able to ask questions, yes.

Sercan- Автор вопроса

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