Cryptocurrency Q&A
Is RNDR limited supply?
Is RNDR limited supply?
henry_taylor_architect
Sat May 18 2024
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7 answers
1833
Excuse me, I've been hearing a lot about RNDR recently and I'm quite interested in it. Could you clarify something for me? Is the supply of RNDR limited? I've seen some discussions online about its scarcity and how that might affect its value in the future, but I'm not entirely sure how it all works. Could you elaborate on this, please? It would be greatly appreciated if you could provide some insights into this matter. Thank you in advance for your time and expertise.
7 answers
Alessandra
Mon May 20 2024
Demand for processing power within the system arises from various tasks and computations. Users who require this power must compensate the lenders in the form of RNDR tokens.
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TaekwondoMasterStrength
Mon May 20 2024
In return for providing their computational resources, lenders are rewarded with RNDR tokens. This mechanism ensures a fair and efficient allocation of resources within the network.
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BonsaiGrace
Mon May 20 2024
The supply of RNDR tokens is limited, with a total issuance of 536,870,912 tokens. This limited supply creates scarcity and a potential for appreciation in value over time.
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Michele
Mon May 20 2024
The RNDR token serves as a pivotal intermediary in facilitating exchanges within the network. It bridges the gap between those seeking computational power and those willing to lend it.
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Alessandro
Mon May 20 2024
The limited supply also ensures the stability and security of the network. It prevents inflationary pressures and maintains the integrity of the system.
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