Cryptocurrency Q&A
What is the maximum supply of MKR crypto?
What is the maximum supply of MKR crypto?
Daniele
Sat Jun 15 2024
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7 answers
1784
Could you please elaborate on the question, "What is the maximum supply of MKR crypto?" I'm particularly interested in understanding the factors that determine this maximum supply and how it might affect the value and market dynamics of MKR. Additionally, is there a possibility of the maximum supply changing in the future, and if so, what would be the implications of such a change? Thank you for your insights on this matter.
7 answers
Isabella
Mon Jun 17 2024
MKR, the cryptocurrency associated with the MakerDAO protocol, holds a significant position in the decentralized finance (DeFi) landscape.
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Alessandro
Mon Jun 17 2024
This limitation ensures the scarcity of the asset, potentially driving up its value over time.
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Elena
Mon Jun 17 2024
Its circulating supply, which represents the total number of coins currently in circulation, stands at 927.77K.
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CherryBlossomFall
Mon Jun 17 2024
This figure reflects the active use and trading of MKR tokens within the Maker ecosystem and beyond.
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BlockchainBaroness
Mon Jun 17 2024
On the other hand, the max supply of MKR is capped at 977.63K coins.
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