Cryptocurrency Q&A
What is the maximum supply of PERP coin?
What is the maximum supply of PERP coin?
amelia_martinez_engineer
Thu Sep 19 2024
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6 answers
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Can you please explain to me the maximum supply of PERP coin? I'm interested in understanding the scarcity factor that might influence its value in the market. Is there a set limit to the number of PERP coins that will ever be in circulation, or is it subject to change in the future? Additionally, how does this maximum supply compare to other cryptocurrencies, and what implications does it have for potential investors?
6 answers
ZenMindfulness
Fri Sep 20 2024
The PERP token has a maximum supply of 150 million units, indicating a clear cap on the total amount of tokens that will ever be available. This limited supply is a common characteristic of cryptocurrencies, as it helps to maintain scarcity and potentially drive up the value over time.
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CryptoMystic
Fri Sep 20 2024
15% of the total supply is reserved for strategic investors, who bring valuable resources and connections to the project. This allocation is designed to help accelerate the growth and adoption of PERP.
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Nicola
Fri Sep 20 2024
Currently, 66 million PERP tokens are in circulation, representing a significant portion of the total supply but still leaving room for future growth. This circulating supply is an important metric for investors to consider, as it can impact the token's liquidity and trading volume.
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CryptoEmpire
Fri Sep 20 2024
Finally, 5% of the total supply is available for public sale through a liquidity bootstrapping pool (LBP) hosted by Balancer. This provides an opportunity for the wider public to participate in the project and acquire PERP tokens. Additionally, 4.2% of the total supply is reserved for seed investors, who provided early support and funding to the project.
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HanjiArtistry
Fri Sep 20 2024
The allocation of PERP tokens is carefully balanced to support the growth and development of the ecosystem. 54.8% of the total supply is dedicated to ecosystem and rewards, ensuring that those who contribute to the network are rewarded for their efforts.
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