SamsungShine
Sat Oct 19 2024
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5 answers
1054
How does WAX token work?
WAX Token, or WAXP, is the native token of the WAX platform, supporting all its activities and functions. It enables users to list, trade, and pay for virtual items securely, and also serves as a tool for staking and voting. With a total issuance of 2 billion tokens, WAXP aims to facilitate a decentralized marketplace for virtual assets, enhancing transparency and liquidity.
CryptoKing
Mon Jul 22 2024
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7 answers
1614
What is the maximum supply of WAX token?
Could you elaborate on the maximum supply of the WAX token? As a cryptocurrency enthusiast, I'm particularly interested in understanding the tokenomics behind this digital asset. Is there a set limit to the number of WAX tokens that will ever be created? Or is the supply meant to be indefinite? Understanding the maximum supply can help investors and traders assess the long-term value and potential of WAX, as it can indicate how scarce or abundant the token may become over time. Could you provide any further details or insights into this aspect of the WAX ecosystem?
