Cryptocurrency Q&A
What is the max supply of FXS coins?
What is the max supply of FXS coins?
CherryBlossomFall
Wed Jun 26 2024
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5 answers
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Could you elaborate on the maximum supply of FXS coins? Given the volatile and rapidly evolving nature of the cryptocurrency market, it's crucial to understand the fundamental metrics that govern individual digital assets. With FXS, is there a fixed supply cap that determines its rarity or is it a dynamic model? Furthermore, how does this maximum supply factor into the long-term value proposition and sustainability of the FXS ecosystem? Your insights into these questions would be greatly appreciated.
5 answers
Daniele
Fri Jun 28 2024
Frax Shares (FXS) tokens have a definitive and limited supply, ensuring their scarcity and potential value.
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Andrea
Fri Jun 28 2024
At genesis, the total supply of FXS tokens is fixed at 100 million, a measure designed to maintain stability and prevent dilution.
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Caterina
Fri Jun 28 2024
This hard cap on the token supply ensures that FXS will not be subject to inflationary pressures, unlike some other cryptocurrencies.
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Nicola
Fri Jun 28 2024
The lack of an inflation schedule in the Frax protocol further reinforces the stability of FXS tokens, making them a reliable asset in the cryptocurrency market.
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Tommaso
Thu Jun 27 2024
BTCC, a UK-based cryptocurrency exchange, provides a range of services including spot trading, futures trading, and wallet management.
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