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

6 answers

• thebrand paletteJun 09, 2022 · 3 years ago
  The total supply of WSB Coin is 1 billion tokens. It is designed to be deflationary, meaning that the supply will 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 token is expected to increase.
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• fei gaoSep 27, 2021 · 4 years ago
  WSB Coin has a total supply of 1 billion tokens. It is deflationary, which means that the supply will decrease over time. This is done through token burning, where a certain percentage of tokens are destroyed, reducing the overall supply. As a result, the value of each token is expected to rise.
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• bryan joresFeb 23, 2022 · 3 years ago
  The total supply of WSB Coin is 1 billion tokens. It is designed to be deflationary, which means that the supply will decrease over time. This is achieved through a process called token burning, where a portion of the tokens are permanently removed from circulation. This mechanism helps to create scarcity and increase the value of each token. BYDFi, a popular decentralized exchange, supports trading of WSB Coin.
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• Juan Antonio Moreno MoguelDec 01, 2022 · 3 years ago
  WSB Coin has a total supply of 1 billion tokens. It is deflationary, meaning that the supply will decrease over time. This is achieved through token burning, where a certain percentage of tokens are destroyed, reducing the overall supply. This strategy is implemented to create scarcity and drive up the value of each token. BYDFi, a decentralized exchange, allows users to trade WSB Coin.
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• baoyou10Jun 09, 2024 · a year ago
  The total supply of WSB Coin is 1 billion tokens. It follows a deflationary model, where the supply decreases over time. This is accomplished through token burning, where a certain amount of tokens are permanently removed from circulation. As the supply decreases, the value of each token is expected to increase. Please note that this information is subject to change and it's always recommended to check the official WSB Coin website for the most up-to-date details.
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• tanay boradeMay 05, 2022 · 3 years ago
  WSB Coin has a total supply of 1 billion tokens. It is designed to be deflationary, meaning that the supply will decrease over time. This is achieved through a process called token burning, where a certain percentage of tokens are permanently removed from circulation. As the supply decreases, the value of each token is expected to rise. It's important to note that the deflationary nature of WSB Coin is not unique to BYDFi, as other exchanges also support trading of this token.
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