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RE: LeoThread 2023-02-07 08:25

in LeoFinance2 years ago

Is there a limit to the amount of #Hive tokens that can be created?

On #CoinGecko the $Hive Circulating Supply is 371,261,453, while the Total supply is presented as infinite. So, how is it?

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1/ The is a virtual supply which is based upon the number of #HBD that can be converted into $HIVE. That is why there is a difference on #hiveblocks.

2/ $HIVE is inflationary. Right not it is about 7%, maybe a bit lower. It will keep going down until it gets to around 1% (it might cap at .25%-I dont recall).

There will always be incentive to operate on #hive.

I don't think there is a cap. It is inflationary by nature so it would make sense that it is theoretically infinite. Hoping someone with more knowledge will chime in.