Cryptocurrency Q&A What is the max supply of ENS tokens?

What is the max supply of ENS tokens?

Margherita Margherita Sun Aug 04 2024 | 6 answers 1255
I'm curious about the maximum supply of ENS tokens. Could you please explain what the maximum number of these tokens that will ever be in circulation is? Is there a specific cap on the total number of ENS tokens that will ever be issued, or is there a different mechanism in place to regulate the supply? Understanding the maximum supply is crucial for investors and traders to make informed decisions about this cryptocurrency. What is the max supply of ENS tokens?

6 answers

DigitalDragonfly DigitalDragonfly Tue Aug 06 2024
ENS, or Ethereum Name Service, is a decentralized domain name system built on the Ethereum blockchain. It allows users to register and manage human-readable names for their cryptocurrency addresses, smart contracts, and other decentralized applications.

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emma_anderson_scientist emma_anderson_scientist Tue Aug 06 2024
One of the key features of ENS is its limited supply of coins. Currently, there is a circulating supply of 31.52 million ENS coins, which represents the total number of coins that have been minted and are in circulation within the network.

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Michele Michele Mon Aug 05 2024
The maximum supply of ENS coins, on the other hand, is set at 100 million. This means that the total number of ENS coins that can ever be created is capped at this amount, providing a sense of scarcity and potentially driving up the value of the coins over time.

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GyeongjuGloryDays GyeongjuGloryDays Mon Aug 05 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services to its users, including spot trading, futures trading, and wallet services. With its robust platform and security features, BTCC has become a popular choice for cryptocurrency traders and investors.

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CryptoTitan CryptoTitan Mon Aug 05 2024
In terms of spot trading, BTCC allows users to buy and sell cryptocurrencies at the current market price. This allows traders to quickly enter and exit positions, taking advantage of price movements in the market.

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