I'm trying to understand how token supply works. Specifically, I want to know the mechanism behind it, how tokens are generated, distributed, and managed within a system or network.
7 answers
Federico
Fri Oct 25 2024
Circulating supply refers to the number of tokens that are currently available and in circulation.
Arianna
Fri Oct 25 2024
The token supply of a cryptocurrency is determined by a blend of factors.
CryptoMagician
Fri Oct 25 2024
It is crucial to differentiate between maximum supply and circulating supply when evaluating a cryptocurrency.
CryptoMaven
Fri Oct 25 2024
These factors include predefined rules that are established in the cryptocurrency's protocol.
SumoPower
Fri Oct 25 2024
Some cryptocurrencies have a fixed amount of tokens, meaning no more can be created after a certain point.