common-close-0
BYDFi
Trade wherever you are!

Are there any limitations on the number of flare tokens per XRP?

avatarobjetoraDec 26, 2021 · 3 years ago3 answers

Is there a maximum limit on the number of flare tokens that can be generated for each XRP?

Are there any limitations on the number of flare tokens per XRP?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there is a maximum limit on the number of flare tokens that can be generated for each XRP. The Flare network has set a cap of 45 billion flare tokens that can be created. This limit ensures that the supply of flare tokens remains controlled and prevents excessive inflation.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! The number of flare tokens per XRP is capped at 45 billion. This limitation helps maintain the stability of the Flare network and prevents any potential issues with inflation. So, don't worry about an unlimited supply of flare tokens flooding the market.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there is a maximum limit on the number of flare tokens per XRP. The Flare network has set this limit at 45 billion tokens. It's important to note that this limitation is in place to ensure the stability and integrity of the network. By imposing a cap, Flare aims to prevent any potential issues that could arise from an excessive supply of tokens.