What is the total supply of AXL INU and is it inflationary?
melanin2003Aug 09, 2020 · 5 years ago3 answers
Can you provide information about the total supply of AXL INU and whether it is subject to inflation?
3 answers
- san yinJul 16, 2020 · 5 years agoThe total supply of AXL INU is 1,000,000,000 tokens. It is not subject to inflation as the supply is fixed and there will be no additional tokens minted in the future. This ensures that the value of each token remains stable over time.
- KSOFeb 17, 2022 · 4 years agoAXL INU has a total supply of 1 billion tokens. The project has implemented a deflationary mechanism to counter inflation. A portion of each transaction fee is burned, reducing the overall supply over time. This helps to maintain the value of AXL INU tokens and prevent inflationary pressures.
- pritam bendeNov 07, 2023 · 2 years agoThe total supply of AXL INU is 1 billion tokens. Unlike some other cryptocurrencies, AXL INU is not inflationary. The supply is fixed and there will be no new tokens created in the future. This design choice aims to provide stability and prevent dilution of token value.
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