Cryptocurrency Q&A
What is the max supply in Wormhole?
What is the max supply in Wormhole?
EmeraldPulse
Wed Jun 19 2024
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6 answers
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Could you please elaborate on the maximum supply of Wormhole? I'm interested in understanding the limitations, if any, on the total amount of Wormhole tokens that can exist. Is there a fixed cap, or does the supply have the potential to expand over time? Additionally, how does the maximum supply factor into the overall economics and value proposition of Wormhole? Your insights would be greatly appreciated.
6 answers
henry_harrison_philosopher
Fri Jun 21 2024
The maximum supply of the cryptocurrency in question is capped at 10,000,000,000 units. This limit ensures scarcity and potentially drives demand in the long run.
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CryptoKing
Thu Jun 20 2024
Initially, 1,800,000,000 tokens are in circulation, representing a substantial portion of the total supply. This initial distribution allows for widespread adoption and usage among early participants.
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SakuraDance
Thu Jun 20 2024
BTCC, a leading UK-based cryptocurrency exchange, offers a comprehensive suite of services that cater to the needs of crypto enthusiasts and investors. Its services include spot trading, futures contracts, and secure wallet solutions.
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Nicola
Thu Jun 20 2024
The token format is a combination of Native ERC20 and SPL, leveraging Wormhole's Native Token Transfer standard. This hybrid approach offers compatibility with various blockchain ecosystems and enhances interoperability.
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CoinMaster
Thu Jun 20 2024
A significant portion of the tokens, specifically 82%, are initially locked. This lock-up mechanism serves to mitigate potential volatility and ensures a gradual and controlled release of tokens into the market.
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