Controlling TENDIE Supply

Why TENDIE has no hard cap

There's currently no hard cap on the supply of TENDIE token, making it an inflationary token.
Community members often point to this as a cause for concern, and while the Colonel certainly understands the wish for a hard cap, there's a big reason we don't expect to set one in the near future:
TENDIE's primary function is to incentivize providing liquidity to the exchange. Without block rewards, there would be much less incentive to provide liquidity (LP fees etc. would remain).
So what are the other ways TENDIE's supply is limited, to counter inflation?

How TENDIE supply is reduced without a hard cap

The Colonel aims to make deflation higher than emission by building deflationary mechanisms into TendieSwap's products. The goal is for more TENDIE to leave circulation than the amount of TENDIE that's produced.

Deflationary mechanisms

Regular token burns are built into many of TendieSwap's products (like a 10% burn of TENDIE spent on Prediction Bets), with more on the way.
Last modified 1yr ago