Cryptocurrency Q&A
Is Acala deflationary?
Is Acala deflationary?
isabella_taylor_activist
Wed Oct 30 2024
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7 answers
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I'm wondering if Acala, the blockchain platform, has a deflationary mechanism in its economic model. In other words, I want to know if the total supply of Acala's native token is designed to decrease over time.
7 answers
NavigatorEcho
Fri Nov 01 2024
Acala Network introduces a unique mechanism for its ACA token.
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CryptoLordess
Fri Nov 01 2024
When ACA is utilized as payment for platform fees on the Acala Network, it undergoes a specific process.
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Valentina
Fri Nov 01 2024
Upon receipt of ACA as payment, the tokens are not simply stored or recycled.
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BonsaiLife
Thu Oct 31 2024
Instead, they are burned, which means they are permanently removed from circulation.
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henry_harrison_philosopher
Thu Oct 31 2024
This process is integral to the Acala Network's economic model.
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