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Jacquie Docherty ZTp8
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Bullish
$USUAL I see that there is still a misunderstanding regarding the supply of USUAL. They confuse circulating supply with total supply.
The circulating supply (1 in the image):
is the best approximation of the number of coins that are circulating in the market and in the hands of the general public.
The total supply (3 in the image):
is the total amount of real coins that are currently available. (excluding those coins that have been burned), that is, the total number of tokens, including those that are out of public circulation. Therefore, many more coins can be created than those that were issued initially. An example of this is the staking rewards, which exist but cannot be earned until a condition or due date is met.
The maximum supply (2 in the image) will be the total that will be minted, and in this case, it will be 4B. Once that amount is reached within that 4-year period, there will be no more minting. Unless, of course, someday the project decides to do so, in which all token holders will participate in the decision, as that is what a governance token is about. Therefore, it is important to understand that there is a power struggle for the domination of as many tokens as possible. And that is why the launch had the particularity that no more than 40,000 tokens could be purchased per account. Think about it. Usual is a bank, many whales will want to control it.
I recommend reading the article below.
The circulating supply (1 in the image):
is the best approximation of the number of coins that are circulating in the market and in the hands of the general public.
The total supply (3 in the image):
is the total amount of real coins that are currently available. (excluding those coins that have been burned), that is, the total number of tokens, including those that are out of public circulation. Therefore, many more coins can be created than those that were issued initially. An example of this is the staking rewards, which exist but cannot be earned until a condition or due date is met.
The maximum supply (2 in the image) will be the total that will be minted, and in this case, it will be 4B. Once that amount is reached within that 4-year period, there will be no more minting. Unless, of course, someday the project decides to do so, in which all token holders will participate in the decision, as that is what a governance token is about. Therefore, it is important to understand that there is a power struggle for the domination of as many tokens as possible. And that is why the launch had the particularity that no more than 40,000 tokens could be purchased per account. Think about it. Usual is a bank, many whales will want to control it.
I recommend reading the article below.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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