What is the total supply of PolyX and is it inflationary or deflationary?
Awali WysonOct 30, 2023 · 2 years ago7 answers
Can you provide more information about the total supply of PolyX? Is it an inflationary or deflationary cryptocurrency?
7 answers
- Deejay CastilloMay 27, 2025 · 6 months agoPolyX has a total supply of 1 billion tokens. It is designed to be a deflationary cryptocurrency, meaning that the total supply will gradually decrease over time. This is achieved through a mechanism called token burning, where a portion of the tokens are permanently removed from circulation. As the supply decreases, the value of each remaining token may increase.
- Henderson ElgaardAug 22, 2020 · 5 years agoThe total supply of PolyX is 1 billion tokens. It is an inflationary cryptocurrency, which means that the total supply can increase over time. This is achieved through a mechanism called token minting, where new tokens are created and added to the circulating supply. The rate of inflation is determined by various factors, such as the tokenomics of the project and the demand for the cryptocurrency.
- DavidWenJan 24, 2025 · 10 months agoPolyX has a total supply of 1 billion tokens. It follows a deflationary model, which means that the supply will decrease over time. This is achieved through token burning, where a portion of the tokens are destroyed. The deflationary nature of PolyX aims to create scarcity and potentially increase the value of the remaining tokens.
- MD SifatAug 28, 2024 · a year agoThe total supply of PolyX is 1 billion tokens. It is designed to be deflationary, meaning that the supply will gradually decrease. This is achieved through a mechanism called token burning, where tokens are permanently removed from circulation. The deflationary nature of PolyX aims to create scarcity and potentially drive up the value of the cryptocurrency.
- Chapman DoddOct 13, 2020 · 5 years agoPolyX has a total supply of 1 billion tokens. It is a deflationary cryptocurrency, which means that the supply will decrease over time. This is achieved through token burning, where a portion of the tokens are destroyed. The deflationary mechanism is implemented to create scarcity and potentially increase the value of PolyX tokens.
- Spencer SawyerMar 15, 2023 · 3 years agoPolyX has a total supply of 1 billion tokens. It is designed to be deflationary, meaning that the supply will gradually decrease. This is achieved through a mechanism called token burning, where tokens are permanently removed from circulation. The deflationary nature of PolyX aims to create scarcity and potentially drive up the value of the cryptocurrency.
- fjspideyJun 03, 2025 · 5 months agoPolyX has a total supply of 1 billion tokens. It is an inflationary cryptocurrency, which means that the total supply can increase over time. This is achieved through a mechanism called token minting, where new tokens are created and added to the circulating supply. The rate of inflation is determined by various factors, such as the tokenomics of the project and the demand for the cryptocurrency.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
1 4331693How to Withdraw Money from Binance to a Bank Account in the UAE?
1 04584Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 13541The Best DeFi Yield Farming Aggregators: A Trader's Guide
0 02994ISO 20022 Coins: What They Are, Which Cryptos Qualify, and Why It Matters for Global Finance
0 02709PooCoin App: Your Guide to DeFi Charting and Trading
0 02414
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More Topics