Could you elaborate on the maximum supply limit of BADGER Dao? I'm curious to understand the underlying economics and potential implications for investors. As a
cryptocurrency enthusiast, I'm aware that supply caps can significantly influence the value and long-term prospects of a token. Could you explain in detail how the BADGER Dao team arrived at this particular supply figure and whether there are any plans to adjust it in the future? Additionally, how does this supply limit compare to other similar projects in the industry? Any insights you can provide would be greatly appreciated.
7 answers
BonsaiGrace
Wed Jul 24 2024
This cap ensures scarcity and potential value appreciation.
EtherealVoyager
Wed Jul 24 2024
Specifically, the total maximum supply of BADGER tokens is set at 21,000,000 units.
CryptoChieftain
Wed Jul 24 2024
This number was chosen deliberately, likely influenced by the iconic 21 million Bitcoin supply cap.
MysticRainbow
Wed Jul 24 2024
The fixed supply encourages investors and users to view BADGER as a store of value and a potential hedge against inflation.
DondaejiDelightful
Wed Jul 24 2024
The BADGER token has a defined total maximum supply cap.