Cryptocurrency Q&A Is jasmy deflationary?

Is jasmy deflationary?

SejongWisdomKeeperEliteMind SejongWisdomKeeperEliteMind Tue Nov 26 2024 | 7 answers 1260
I'm curious about the economic characteristics of Jasmy. Specifically, I want to know if it has a deflationary mechanism built into its design. Can someone explain whether JASMY is considered a deflationary asset? Is jasmy deflationary?

7 answers

Caterina Caterina Thu Nov 28 2024
Specifically, almost half of the total supply, which amounts to 48%, is dedicated to this fund.

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KpopHarmonySoulMateRadiance KpopHarmonySoulMateRadiance Thu Nov 28 2024
The existence of a maximum supply cap ensures that the circulation of JASMY coins will eventually reach a limit.

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FireflySoul FireflySoul Thu Nov 28 2024
When this limit is attained, the scarcity of JASMY coins could potentially lead to an increase in their price.

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Elena Elena Thu Nov 28 2024
This scenario is based on the economic principle of supply and demand.

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Margherita Margherita Thu Nov 28 2024
A significant portion of the total JASMY token supply is allocated to the Jasmy ecosystem fund.

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