What is the total supply of Fren Coin and is it inflationary?

3 answers

• John ChibweJul 10, 2024 · a year ago
  Fren Coin has a total supply of 100 million coins. It was designed to be a deflationary cryptocurrency, meaning that the supply decreases over time. This is achieved through a mechanism called token burning, where a portion of the coins is permanently removed from circulation. As a result, the scarcity of Fren Coin increases, potentially leading to an increase in its value.
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• Eduard ZabrodskyJun 26, 2024 · a year ago
  The total supply of Fren Coin is 100 million coins. Unlike traditional fiat currencies, Fren Coin is not subject to inflation. In fact, it is designed to be deflationary, meaning that the supply decreases over time. This is achieved through a process called token burning, where a certain percentage of coins is destroyed periodically. As the supply decreases, the value of Fren Coin may increase.
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• MassimoJan 17, 2023 · 3 years ago
  Fren Coin has a total supply of 100 million coins. It is a deflationary cryptocurrency, which means that the supply decreases over time. This is achieved through a process called token burning, where a portion of the coins is permanently removed from circulation. The burning mechanism helps to maintain the scarcity of Fren Coin and potentially increase its value. BYDFi, a popular cryptocurrency exchange, supports the trading of Fren Coin and provides a secure platform for users to buy and sell this digital asset.
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