Cryptocurrency Q&A
Is AVAX deflationary?
Is AVAX deflationary?
CryptoNinja
Fri Dec 13 2024
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6 answers
1032
I've been hearing a lot about AVAX recently and I'm curious if it's deflationary. I understand that deflationary assets are designed to increase in value over time due to a limited supply, so I'm wondering if AVAX falls into this category.
6 answers
Claudio
Sun Dec 15 2024
Avalanche (AVAX) holds a unique position in the cryptocurrency market.
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Valentina
Sat Dec 14 2024
Each AVAX transaction results in the burning of a portion of the existing supply.
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DigitalLord
Sat Dec 14 2024
It is designed to be a deflationary asset, ensuring its scarcity over time.
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DigitalLegendGuard
Sat Dec 14 2024
The maximum supply of AVAX tokens is capped at 720 million.
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Carlo
Sat Dec 14 2024
This limit plays a crucial role in maintaining the coin's value.
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