Could you please clarify for me whether ATOM has an unlimited supply? I've been reading about cryptocurrencies and their various characteristics, and it seems that supply is a crucial factor that affects the value and stability of a coin. Given that ATOM is a relatively well-known cryptocurrency, I'm particularly interested in understanding its supply mechanism. Is there a cap on the total number of ATOM coins that can be issued, or is it potentially infinite? Your insight into this matter would be greatly appreciated.
6 answers
Isabella
Thu May 23 2024
Atom, a cryptocurrency, possesses inflationary characteristics, meaning its supply increases over time.
BusanBeautyBloomingStarShine
Thu May 23 2024
This inflationary nature serves a crucial function within the ecosystem, providing the foundation for governance over the Hub.
TaekwondoMasterStrengthHonorGlory
Wed May 22 2024
Holders of Atom tokens are granted governance rights, enabling them to participate in decision-making processes that shape the future of the Hub.
CryptoMystic
Wed May 22 2024
The Hub, as a decentralized network, relies on these governance mechanisms to ensure fair and transparent governance.
KatanaSwordsmanship
Wed May 22 2024
Atom's inflationary model and governance rights create a symbiotic relationship, where token holders have a stake in the network's success.