Cryptocurrency Q&A
How many LVL tokens are there?
How many LVL tokens are there?
KimonoGlory
Sun Jul 14 2024
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7 answers
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I'm curious to understand the full scope of the LVL token ecosystem. Could you elaborate on the total number of LVL tokens that are currently in circulation? I'm interested in knowing if there's a finite supply or if the number of tokens can increase over time. Additionally, is there a maximum cap on the total number of LVL tokens that will ever be issued? This information is crucial for investors and stakeholders to make informed decisions about the potential value and future growth of the token.
7 answers
Valeria
Tue Jul 16 2024
The LVL token, a digital asset with a total supply of 50 million units, operates under a unique economic model.
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Giulia
Tue Jul 16 2024
This model combines a fixed supply mechanism with a decaying emission structure, ensuring scarcity and gradual reduction in new token issuance.
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Silvia
Tue Jul 16 2024
In February 2023, the LEVEL DAO, the decentralized autonomous organization governing the LVL token, passed a crucial proposal regarding token release.
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Tommaso
Mon Jul 15 2024
This proposal outlined a strategy for the gradual decrease in LVL token releases over time.
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Chiara
Mon Jul 15 2024
By implementing this model, the LEVEL DAO aims to maintain the stability and long-term value of the LVL token.
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