As a curious investor delving into the realm of cryptocurrencies, I'm particularly intrigued by the XVS coin and its potential. Could you please elaborate on the maximum supply of XVS coins? Understanding the total number of coins available in circulation, or the potential cap if there's one, is crucial for me to make informed decisions about its investment potential. Could you clarify if there's a hard cap on the XVS supply or if it's subject to changes over time? Any insights you could share on this matter would be greatly appreciated.
5 answers
Sara
Thu Jul 25 2024
The Venus token, denoted as XVS, serves as the governance and updating mechanism of the platform. It enables holders to participate in decision-making processes and shape the future of Venus.
SumoPride
Thu Jul 25 2024
The circulating supply of Venus tokens stands at 15.9 million, indicating a significant portion of the total tokens are actively circulating in the market.
Margherita
Thu Jul 25 2024
The total supply of Venus tokens is capped at 29.7 million, ensuring scarcity and potential appreciation over time. This limited supply also underlines the platform's commitment to stability and sustainability.
Michele
Thu Jul 25 2024
Venus, a DeFi platform situated on the Binance Smart Chain (BSC), provides innovative lending and borrowing services to its users.
henry_harrison_philosopher
Thu Jul 25 2024
BTCC, a renowned UK-based cryptocurrency exchange, offers a diverse range of services including spot trading, futures contracts, and wallet management. Its comprehensive offering caters to the needs of both retail and institutional investors in the crypto space.