How many Gala tokens will be in circulation?
Javeria NawalNov 26, 2021 · 3 years ago3 answers
Can you provide information on the total supply of Gala tokens and how many of them will be in circulation?
3 answers
- Nov 26, 2021 · 3 years agoThe total supply of Gala tokens is 100 billion. However, not all of them will be in circulation immediately. The Gala team has decided to release the tokens gradually over time to ensure a controlled and sustainable token distribution. This approach helps prevent market manipulation and ensures a fair distribution of tokens to the community.
- Nov 26, 2021 · 3 years agoGala tokens have a maximum supply of 100 billion. The initial circulating supply will depend on various factors, including token sales, partnerships, and token distribution events. It's important to note that the circulating supply may increase or decrease over time as tokens are minted or burned. To get the most accurate information on the current circulating supply, I recommend checking the official Gala token website or reputable cryptocurrency data platforms.
- Nov 26, 2021 · 3 years agoAccording to BYDFi, the initial circulating supply of Gala tokens will be 10 billion. This means that 10% of the total token supply will be available for trading and use. The remaining tokens will be allocated for different purposes, such as ecosystem development, partnerships, and team incentives. BYDFi aims to ensure a fair distribution of tokens and create a sustainable ecosystem for Gala token holders.
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