What is the total supply of Dogmoon and is it inflationary?
Kusk BakerNov 24, 2021 · 3 years ago7 answers
Can you please provide more details about the total supply of Dogmoon? Is it inflationary or deflationary?
7 answers
- Nov 24, 2021 · 3 years agoThe total supply of Dogmoon is 1 billion tokens. It was initially minted and distributed during the token launch. As for its inflationary or deflationary nature, Dogmoon follows a deflationary model. This means that the token supply decreases over time. The deflationary mechanism is achieved through a burn mechanism, where a portion of each transaction is burned, reducing the overall supply. This burning process helps to create scarcity and potentially increase the value of Dogmoon tokens in the long run.
- Nov 24, 2021 · 3 years agoDogmoon has a total supply of 1 billion tokens. It is designed to be deflationary, which means that the token supply decreases over time. This deflationary model is achieved through a burn mechanism, where a portion of each transaction is burned. By reducing the supply, Dogmoon aims to create scarcity and potentially increase the value of the tokens. So, yes, Dogmoon is deflationary.
- Nov 24, 2021 · 3 years agoThe total supply of Dogmoon is 1 billion tokens. It follows a deflationary model, which means that the token supply decreases over time. This deflationary mechanism is achieved through a burn mechanism, where a portion of each transaction is burned. This helps to reduce the overall supply and potentially increase the value of Dogmoon tokens. So, in terms of inflation, Dogmoon can be considered deflationary.
- Nov 24, 2021 · 3 years agoDogmoon has a total supply of 1 billion tokens. It is designed to be deflationary, which means that the token supply decreases over time. This deflationary model is achieved through a burn mechanism, where a portion of each transaction is burned. This burning process helps to create scarcity and potentially increase the value of Dogmoon tokens. So, no, Dogmoon is not inflationary.
- Nov 24, 2021 · 3 years agoThe total supply of Dogmoon is 1 billion tokens. It is designed to be deflationary, meaning that the token supply decreases over time. This deflationary model is achieved through a burn mechanism, where a portion of each transaction is burned. By reducing the supply, Dogmoon aims to create scarcity and potentially increase the value of the tokens. In terms of inflation, Dogmoon can be considered deflationary.
- Nov 24, 2021 · 3 years agoDogmoon has a total supply of 1 billion tokens. It is designed to be deflationary, which means that the token supply decreases over time. This deflationary model is achieved through a burn mechanism, where a portion of each transaction is burned. This burning process helps to reduce the overall supply and potentially increase the value of Dogmoon tokens. So, no, Dogmoon is not inflationary.
- Nov 24, 2021 · 3 years agoThe total supply of Dogmoon is 1 billion tokens. It is designed to be deflationary, meaning that the token supply decreases over time. This deflationary model is achieved through a burn mechanism, where a portion of each transaction is burned. By reducing the supply, Dogmoon aims to create scarcity and potentially increase the value of the tokens. In terms of inflation, Dogmoon can be considered deflationary.
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