Cryptocurrency Q&A
Who chose the total supply of Lyx?
Who chose the total supply of Lyx?
MountFujiView
Sun Jul 21 2024
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7 answers
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Could you elaborate on the decision-making process behind the determination of the total supply of Lyx cryptocurrency? Who specifically was involved in this choice, and what factors or considerations guided their decision? Was it a consensus among the founders or a specific individual? Did market research, technical analysis, or other data play a role in the final determination? Understanding the motivation and methodology behind this decision would help us gain a deeper insight into the philosophy and potential of the Lyx project.
7 answers
HanjiArtistryCraftsmanshipMasterpiece
Tue Jul 23 2024
They were presented with three distinct options for allocating the tokens, each requiring careful consideration.
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SamuraiCourage
Tue Jul 23 2024
The genesis validators of the LUKSO network faced a crucial decision regarding the token supply of LYX.
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GinsengBoost
Mon Jul 22 2024
This closure signified the conclusion of the token distribution phase and marked the beginning of the network's operations.
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Luca
Mon Jul 22 2024
Through a process of deliberation and discussion, the validators reached a consensus and collectively voted for a token distribution of 42 million LYX.
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Bianca
Mon Jul 22 2024
With the related genesis files in place, the LUKSO network launched, initiating its journey with the approved token supply of 42 million LYX.
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