As a cryptocurrency enthusiast, I'm curious to understand the underlying economics of various tokens. One token that has piqued my interest is Pendle. Could you elaborate on what is the maximum supply of Pendle? I've heard rumors of it being capped at a certain amount, but I'd like to get a definitive answer from a professional in the field. Understanding the supply dynamics is crucial in assessing a token's potential and longevity in the crypto space. Could you provide a brief yet comprehensive overview of Pendle's supply cap, if any?
5 answers
SakuraPetal
Wed Jun 26 2024
The max supply signifies the total number of PENDLE coins that will ever be created, providing investors with a clear understanding of the coin's potential scarcity.
Elena
Wed Jun 26 2024
PENDLE, a cryptocurrency, boasts a significant circulating supply of 155.93 million coins.
IncheonBlues
Wed Jun 26 2024
The balance between the circulating supply and max supply plays a crucial role in determining the value and price movements of PENDLE.
Martino
Wed Jun 26 2024
This figure represents the number of PENDLE coins currently in circulation and actively being traded on various platforms.
Martina
Wed Jun 26 2024
Alongside this, PENDLE also has a maximum supply cap of 258.45 million coins.