Excuse me, could you kindly elaborate on the total supply of MDX? I understand that cryptocurrency markets are constantly evolving, but I'm curious to know the current limit or amount of MDX tokens that are available or will ever be in circulation. It would be insightful to understand the implications of this total supply on the potential value and scarcity of MDX in the long run. Thank you for your time and expertise in this matter.
6 answers
CryptoAce
Wed Sep 18 2024
The MDX token boasts a total supply of approximately 1 billion units, designed to maintain a balance between scarcity and accessibility.
CryptoQueen
Wed Sep 18 2024
Operating on the HECO chain, the MDX token experiences a block time of every 3 seconds, ensuring swift and efficient transactions.
Michele
Tue Sep 17 2024
To incentivize miners and secure the network, each block rewards participants with 80 MDX tokens, fostering a robust ecosystem.
Tommaso
Tue Sep 17 2024
This reward structure is subject to a unique halving mechanism, where the token supply decreases by half every six months.
Margherita
Tue Sep 17 2024
This halving event not only reduces the inflation rate but also increases the token's scarcity over time, potentially leading to appreciation in value.