Are there any limitations on the number of SHIB tokens that can be created?
NaoDec 24, 2021 · 3 years ago3 answers
Is there a maximum limit on the number of SHIB tokens that can be created? I'm curious to know if there are any restrictions or rules in place regarding the total supply of SHIB tokens. Can the number of SHIB tokens be increased indefinitely or are there any limitations?
3 answers
- Dec 24, 2021 · 3 years agoYes, there is a maximum limit on the number of SHIB tokens that can be created. The total supply of SHIB tokens is capped at 1 quadrillion. This means that once 1 quadrillion SHIB tokens have been minted, no more tokens can be created. This limitation ensures that the token supply remains finite and prevents excessive inflation.
- Dec 24, 2021 · 3 years agoNo, there are no limitations on the number of SHIB tokens that can be created. The SHIB token is designed to have an unlimited supply, meaning that new tokens can be minted indefinitely. This approach allows for flexibility in token distribution and ensures that there is always a sufficient supply of SHIB tokens available in the market.
- Dec 24, 2021 · 3 years agoAccording to the official documentation of BYDFi, the digital currency exchange where SHIB tokens are listed, there is a maximum limit on the number of SHIB tokens that can be created. The total supply of SHIB tokens is capped at 1 quadrillion. This limitation is in line with the tokenomics of SHIB and helps maintain the token's value and scarcity.
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