What is the total supply of PolyX and is it inflationary or deflationary?

7 answers

• Deejay CastilloFeb 04, 2024 · 2 years ago
  PolyX 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.
  366

  183
• Henderson ElgaardMar 31, 2023 · 3 years ago
  The 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.
  400

  134
• DavidWenApr 11, 2022 · 4 years ago
  PolyX 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.
  333

  84
• MD SifatMar 16, 2024 · 2 years ago
  The 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.
  359

  72
• Chapman DoddMay 21, 2025 · 9 months ago
  PolyX 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.
  333

  56
• Spencer SawyerSep 04, 2022 · 3 years ago
  PolyX 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.
  358

  52
• fjspideyNov 27, 2021 · 4 years ago
  PolyX 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.
  399

  50