At what point will Cardano reach its maximum supply?
Satyam SourabhDec 06, 2021 · 3 years ago4 answers
When will Cardano reach its maximum supply and stop producing new coins?
4 answers
- Dec 06, 2021 · 3 years agoCardano's maximum supply is set at 45 billion ADA. According to the Cardano protocol, the maximum supply will be reached when all the coins have been minted through the process of staking and mining. This is expected to happen gradually over the course of several decades. As of now, around 31 billion ADA have been minted, so there is still a significant amount of new coins to be produced before the maximum supply is reached.
- Dec 06, 2021 · 3 years agoCardano's maximum supply is determined by its protocol and is set at 45 billion ADA. The rate at which new coins are minted depends on the staking and mining activities on the Cardano network. As more people stake their ADA and participate in the network, the rate of coin production will gradually decrease. It is difficult to predict the exact point at which the maximum supply will be reached, but it is expected to happen in the coming decades.
- Dec 06, 2021 · 3 years agoAccording to the BYDFi team, Cardano is expected to reach its maximum supply of 45 billion ADA in the next 20-30 years. This estimate is based on the current rate of coin production and the projected growth of the Cardano network. Once the maximum supply is reached, no new coins will be produced, and the total supply of ADA will remain fixed.
- Dec 06, 2021 · 3 years agoCardano's maximum supply is set at 45 billion ADA, and it is expected to be reached in the future as more coins are minted through staking and mining. The exact timeline for reaching the maximum supply is uncertain, as it depends on various factors such as the rate of adoption and network activity. However, it is important to note that reaching the maximum supply does not mean the end of Cardano. The network will continue to function and secure transactions through staking rewards even after the maximum supply is reached.
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