Cryptocurrency Q&A
What is the max supply of vara network?
What is the max supply of vara network?
BusanBeautyBloomingStar
Tue Aug 20 2024
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7 answers
1446
Excuse me, could you please elaborate on the maximum supply of Vara Network? I'm interested in knowing the total number of tokens that will ever be in circulation for this particular cryptocurrency. Understanding the maximum supply is crucial in assessing its potential for scarcity and future value. Is there a specific figure or limit that Vara Network has set for its total supply? I'd appreciate any insights you could provide on this matter.
7 answers
DigitalLordGuard
Thu Aug 22 2024
The distribution of these tokens is carefully planned to ensure a balanced and sustainable growth trajectory. The initial minting of VARA tokens follows a specific vesting schedule.
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Carlo
Thu Aug 22 2024
For the Founders, Team, and Advisors, their allocation of VARA tokens is subject to a rigorous locking period. This period lasts for a full 12 months, demonstrating a commitment to the long-term success of the project.
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BlockchainLegend
Thu Aug 22 2024
Following the initial 12-month lock-up, the Founders, Team, and Advisors' tokens will undergo a 36-month linear vesting process. This gradual release of tokens helps to maintain stability and prevent sudden market disruptions.
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emma_lewis_pilot
Thu Aug 22 2024
The total supply of VARA tokens is set at an impressive 10 billion units. This significant number underscores the potential scale and reach of the VARA ecosystem.
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Silvia
Thu Aug 22 2024
The linear vesting mechanism ensures that tokens are released in a predictable and controlled manner. There are no lump-sum unlocks, which could potentially flood the market with a sudden influx of VARA tokens.
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