Cryptocurrency Q&A
What is the max supply of FRAX share?
What is the max supply of FRAX share?
Elena
Fri Jun 21 2024
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5 answers
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Inquiring minds want to know: What is the maximum supply limit set for FRAX share? Given the dynamic nature of cryptocurrencies and their supply mechanisms, it's crucial to understand the upper boundary for FRAX's issuance. Does it have a hard cap, or is it subject to algorithmic adjustments? Clarifying this detail can provide investors and traders with valuable insights into FRAX's economic model and potential for future growth. So, without further ado, what is the maximum supply of FRAX share?
5 answers
Michele
Sun Jun 23 2024
The Frax Shares (FXS) tokens exhibit a unique economic structure, as their supply is strictly limited.
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CryptoLegend
Sat Jun 22 2024
At the inception, the total supply of FXS tokens was capped at 100 million tokens, ensuring scarcity and maintaining its value.
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Ilaria
Sat Jun 22 2024
This hard cap on the supply is a crucial aspect of the Frax Protocol, designed to prevent inflation and ensure stability.
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DigitalLegend
Sat Jun 22 2024
Unlike many other cryptocurrencies, FXS does not have an inflation schedule programmed into its protocol.
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MountFujiView
Sat Jun 22 2024
This means that the total supply of FXS tokens will remain fixed at 100 million, regardless of market conditions or future developments.
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