Cryptocurrency Q&A What is the total supply of the Vega protocol?

What is the total supply of the Vega protocol?

GangnamGlitzGlamourGlory GangnamGlitzGlamourGlory Mon Jul 01 2024 | 6 answers 1390
As a keen observer of the cryptocurrency and finance world, I'm curious to delve deeper into the technical specifications of emerging projects. Specifically, I'm wondering about the Vega protocol. Could you enlighten me on the total supply of Vega tokens? Is it a fixed quantity, or is there a provision for further issuance? Additionally, what are the implications of this total supply on the long-term value proposition and scarcity of the Vega token? Your insights would be invaluable in understanding the economic dynamics of this particular protocol. What is the total supply of the Vega protocol?

6 answers

KDramaLegendaryStarlightFestival KDramaLegendaryStarlightFestival Wed Jul 03 2024
The Vega Protocol, operating on the Ethereum blockchain, boasts a robust token economy.

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CryptoWanderer CryptoWanderer Wed Jul 03 2024
Currently, the circulating supply of Vega Protocol tokens stands at 62 million.

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BonsaiStrength BonsaiStrength Wed Jul 03 2024
This represents a significant portion of the total supply of 65 million tokens.

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SakuraBlooming SakuraBlooming Wed Jul 03 2024
The circulating supply indicates the number of tokens that are actively traded and in circulation within the ecosystem.

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Tommaso Tommaso Tue Jul 02 2024
The remaining 3 million tokens are likely held by the development team or reserved for future use.

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