Cryptocurrency Q&A
What is the total supply of Dao?
What is the total supply of Dao?
WhisperWindLight
Wed Sep 18 2024
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6 answers
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Could you please elaborate on the total supply of Dao? I understand that the total supply of a cryptocurrency is a crucial factor in determining its value and scarcity. So, is there a finite amount of Dao tokens that will ever be created, or is there a mechanism in place for the supply to increase over time? Understanding the total supply of Dao will help me make informed decisions about investing in this cryptocurrency.
6 answers
Martino
Fri Sep 20 2024
DAO serves as the foundational token for the project, embodying its essence and driving force. This digital asset is designed to be a stable and reliable store of value.
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GeishaMelodious
Fri Sep 20 2024
The token's non-inflationary nature ensures that its supply is fixed and predictable, mitigating the risks associated with inflationary currencies.
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BlockchainBaron
Thu Sep 19 2024
The maximum supply of DAO has been capped at 312,000,000 coins, ensuring scarcity and maintaining the token's value over time.
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BlockchainWizardGuard
Thu Sep 19 2024
As of March 2023, the circulating volume of DAO stands at 143,942,531 coins, indicating a significant portion of the total supply is already in circulation.
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CherryBlossomFall
Thu Sep 19 2024
The circulating volume provides a measure of the token's liquidity and adoption, with a higher volume typically translating to greater market demand and acceptance.
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