Cryptocurrency Q&A
Does GRT have max supply?
Does GRT have max supply?
BlockchainVisionary
Sat Jun 15 2024
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7 answers
822
Could you please clarify for me whether there is a maximum supply limit for GRT? I'm curious to know if there's a cap on the total number of GRT tokens that can be issued or if it's an unlimited supply. This information would be helpful in understanding the potential scarcity and future value of GRT in the cryptocurrency market. Thank you for your assistance.
7 answers
Maria
Sun Jun 16 2024
GRT, the deflationary token, is designed with a finite supply ceiling of 10 billion tokens. This limitation ensures the scarcity and value retention of the cryptocurrency, providing investors with a secure and reliable asset.
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HallyuHeroLegendaryStar
Sun Jun 16 2024
BTCC's spot trading platform provides users with the ability to buy and sell cryptocurrencies at current market prices. This service offers liquidity and convenience, enabling investors to quickly execute trades and capitalize on market opportunities.
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JejuJoy
Sun Jun 16 2024
For those seeking more advanced trading strategies, BTCC offers futures trading. This service allows users to speculate on the future price movements of cryptocurrencies, potentially generating higher returns through leveraged trading.
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CryptoKing
Sun Jun 16 2024
To safeguard against the excessive issuance of The Graph coins, a unique mechanism is employed. Approximately 1% of deposit and query fees collected by the platform are burned, effectively reducing the total supply of GRT in circulation.
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BlockchainLegendary
Sun Jun 16 2024
This burning process serves as a built-in deflationary mechanism, helping to maintain the token's purchasing power and scarcity. As the supply decreases, the demand for GRT is expected to increase, potentially driving up its price.
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