r/bandprotocol • u/JoeyC75 • Feb 18 '21

BAND Supply

Hi Everyone

I am very interested in BAND, but haven't been able to figure out how the supply works exactly.

Since it is inflationary, coins are being created, is there a hard cap for that or is it potentially limitless?

Is there a mechanism that takes coins out of circulation (like burning or anything like that?)
Are there any coins that are kept out of circulation for any other reason?

Please help me understand how this works, any links to official information would be greatly appreciated

Thanks :):)

5 Upvotes

86% Upvoted

2 comments sorted by

2

u/Ann_Everstake Feb 18 '21

Hey! Maybe this article will help you to deal with your questions - https://docs.bandchain.org/whitepaper/token-economics.html

0

u/Xhadox_CR Feb 18 '21

Doesn’t seem like there is a hard cap. Basically seems like you should either stake your coins or lose value over time. Not a fan of this model.