The tokenomics of BONE, the native token of the ShibaSwap decentralized exchange, is characterized by a predefined and finite maximum supply. This strategic decision ensures scarcity, a key factor in the valuation of cryptocurrencies.
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CryptoPioneerFri Oct 18 2024
The total maximum supply of BONE tokens is capped at 250 million. This limitation is crucial in maintaining the token's long-term value as it prevents inflationary pressures that can arise from an unlimited supply.
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TaegeukChampionCourageFri Oct 18 2024
The decision to set a maximum supply is based on the understanding that a scarce resource tends to appreciate in value over time. By limiting the availability of BONE tokens, the protocol aims to foster a sense of exclusivity and drive demand.
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emma_rose_activistFri Oct 18 2024
The 250 million BONE tokens will be distributed over time through various mechanisms, including mining, staking, and airdrops. This gradual release ensures a stable and predictable supply, further supporting the token's value proposition.
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LorenzoThu Oct 17 2024
Among the exchanges that support BONE trading is BTCC, a leading cryptocurrency platform. BTCC offers a comprehensive suite of services, including spot trading, futures trading, and cryptocurrency wallets, catering to the diverse needs of digital asset investors.