In the realm of cryptocurrency and decentralized finance, understanding the max supply of a given token is crucial. This metric informs investors about the scarcity and potential value appreciation of the asset. So, let's delve into the question: "What is the max supply of Aelf?" Aelf, as a blockchain platform, aims to provide a scalable and secure infrastructure for decentralized applications. Its native token, ELF, plays a pivotal role in the ecosystem, facilitating transactions and incentives. Regarding the max supply, Aelf has implemented a controlled issuance strategy, setting a finite cap on the total number of ELF tokens that can be minted. This cap ensures scarcity and supports the token's economic value. So, in essence, the max supply of Aelf's ELF token is a fixed number, designed to promote stability and growth in the long run.