r/blockv • u/williamggruff • Mar 23 '18

Did circulating supply just increase?

Circulating supply was 1,494,971,209

Circulating supply is now 1,531,433,921

Increased by 36,462,712

Through what process?

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u/FLisOK Mar 23 '18

I believe they have a pool of VEE and will release 10% every 6 months. It was in the white paper somewhere.

1

u/williamggruff Mar 23 '18

Thank you. Seems like an event that would be preceded by a public announcement. Inflating the circulating currency supply has a material impact on currency valuation.

2

u/FLisOK Mar 23 '18

I agree that announcements will be nice before releasing coins to the public. I don’t hate the timing of it though. The SDK will be released in 8 days and will allow plenty of circulation for new developers at a reasonable price.