Cryptocurrency Q&A
What is the max supply of Raydium?
What is the max supply of Raydium?
alexander_clark_designer
Sun Jun 30 2024
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6 answers
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As a curious investor delving into the world of cryptocurrencies, I'm particularly interested in the intricacies of different tokens and their underlying economic models. One question that often arises in my mind is regarding the maximum supply of a given token, as it can significantly influence its long-term value proposition. So, with regards to Raydium, a popular token in the decentralized finance (DeFi) space, I'm eager to understand - what is the max supply of Raydium? This information is crucial in determining the token's scarcity and potential for appreciation in the future. Clarifying this aspect will help me make informed decisions regarding my investment strategy.
6 answers
CryptoKnight
Tue Jul 02 2024
Raydium Tokenomics introduces RAY, a cryptocurrency token with a limited supply.
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BitcoinBaroness
Tue Jul 02 2024
The maximum and total supply of RAY tokens are capped at 555 million, indicating a controlled issuance rate.
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Eleonora
Tue Jul 02 2024
Currently, the circulating supply of RAY tokens stands at just under 160 million, representing a significant yet manageable portion of the total supply.
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TaekwondoMasterStrength
Tue Jul 02 2024
The supply allocation of RAY tokens is strategically divided, with 34% allocated to a mining reserve. This allocation ensures a sustainable source of tokens for miners participating in the network.
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emma_carter_doctor
Mon Jul 01 2024
Another 30% of the total supply is dedicated to partnership and ecosystem development. This allocation aims to foster collaboration and growth within the Raydium ecosystem.
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