Cryptocurrency Q&A
What is the max supply of Marinade staked SOL?
What is the max supply of Marinade staked SOL?
Martina
Mon Jun 24 2024
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7 answers
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Could you please elaborate on the maximum supply of Marinade staked SOL? I'm curious to understand the limitations, if any, in terms of the total amount of SOL that can be staked on the Marinade platform. Does Marinade have a set ceiling for the total supply of SOL that can be locked up for staking purposes? Additionally, are there any mechanisms or factors that could potentially affect this maximum supply, such as changes in the protocol or community governance? Your insights into this matter would be greatly appreciated.
7 answers
DigitalDukedom
Wed Jun 26 2024
Additionally, MSOL is traded on various platforms, including BTCC, a UK-based cryptocurrency exchange.
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Martino
Wed Jun 26 2024
The circulating supply of the coin, MSOL, is currently 4.57 million coins.
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MysticInfinity
Wed Jun 26 2024
It is noteworthy that the maximum supply of MSOL is also set at 4.57 million coins.
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SamuraiWarriorSoulful
Wed Jun 26 2024
This indicates that there are no plans for additional coins to be created, keeping the total supply finite.
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SamuraiHonor
Wed Jun 26 2024
The current live market capitalization of the cryptocurrency in question is determined by multiplying the total number of coins in circulation with their respective current price.
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