common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

What is the total supply of Lyra Coin and its inflation rate?

avatarMcGarry CarrNov 23, 2021 · 3 years ago3 answers

Can you provide information about the total supply of Lyra Coin and its inflation rate? I am curious to know how many Lyra Coins are in circulation and how the inflation rate affects the value of the coin.

What is the total supply of Lyra Coin and its inflation rate?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    Lyra Coin has a total supply of 1 billion coins. The inflation rate is set at 2% per year, which means that the number of coins in circulation will increase by 2% annually. This inflation rate is designed to ensure a steady increase in the coin's supply while maintaining a balance with demand, thus preventing excessive inflation or deflation.
  • avatarNov 23, 2021 · 3 years ago
    The total supply of Lyra Coin is 1 billion coins. As for the inflation rate, it is set at 2% per year. This means that the number of Lyra Coins in circulation will increase by 2% every year. The inflation rate is carefully controlled to maintain a stable and sustainable growth of the coin's supply, which helps to ensure a healthy ecosystem for Lyra Coin.
  • avatarNov 23, 2021 · 3 years ago
    Lyra Coin has a total supply of 1 billion coins. The inflation rate is set at 2% per year. This means that the number of Lyra Coins in circulation will increase by 2% annually. The inflation rate is designed to encourage spending and investment in Lyra Coin, as the increase in supply helps to meet the growing demand for the coin. This steady increase in supply also helps to prevent sudden price fluctuations and ensures a more stable value for Lyra Coin.