Cryptocurrency Q&A
Why Solana has no max supply?
Why Solana has no max supply?
Raffaele
Sun May 12 2024
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6 answers
996
Could you please explain why Solana doesn't have a maximum supply? I've noticed that many cryptocurrencies have a fixed limit on the total number of coins that can be created, but Solana seems to be an exception. Is there a particular reason behind this design choice? It's intriguing to me how it might affect the economics and sustainability of the Solana network in the long run. Would you mind shedding some light on this matter?
6 answers
WhisperWind
Tue May 14 2024
SOL does not possess a predefined maximum supply.
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Silvia
Tue May 14 2024
Instead, its supply is governed by Solana's inflation schedule.
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Filippo
Tue May 14 2024
Initially, the inflation rate for SOL was set at 8%, allocated through staking rewards.
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Eleonora
Tue May 14 2024
Solana's fundamental token is SOL, adhering to the SPL standard.
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Nicola
Tue May 14 2024
Solana maintains a consistent yearly inflation rate, ensuring stability in its tokenomics.
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