Could you please enlighten me on a question regarding AVAX? Does it have a maximum supply? I've been following the crypto market closely and have noticed that many projects have a predefined limit on the total number of tokens available. It seems to be an important factor in assessing the long-term potential of a particular cryptocurrency. AVAX has caught my attention due to its innovative technology and promising use cases. However, I'm still unclear about its maximum supply. Could you provide any insights into this matter? Understanding this aspect would greatly assist me in making informed decisions about my crypto investments.
6 answers
Tommaso
Sat May 11 2024
The coin creation rate is a dynamic factor.
SakuraTide
Sat May 11 2024
It is not fixed but rather determined by AVAX users.
SamuraiCourageous
Sat May 11 2024
These users govern the speed at which new coins are minted.
GyeongjuGlory
Sat May 11 2024
The AVAX token has a predefined maximum supply limit.
CryptoConqueror
Fri May 10 2024
This maximum supply is capped at 720 million tokens.