Understanding Total Supply
In cryptocurrency, the term total supply refers to the total number of tokens or coins that have been issued or mined by a project. This includes:
- Tokens in Circulation: Tokens that are currently being used or traded by the public.
- Tokens Held by the Project Team: Tokens reserved for the development team, advisors, or other strategic purposes.
- Tokens Allocated for Future Use: Tokens set aside for future development, rewards, or other project-related activities.
Pecu Novus Total Supply
Maximum Total Supply of PECU
- Maximum Supply: The maximum total supply of Pecu Novus tokens (PECU) is capped at 1 billion tokens.
- Fixed Supply: There will only ever be 1 billion PECU tokens in existence.
Lock Up Period
Currently there are approximately 130 million PECU coins locked up with release dates spanning from 2026 through 2034.
Halving Events
Beginning in 2017, every decade the Pecu Novus Network will experience the halving of rewards to validators. Through 2027 there will be a maximum of 20 million PECU coins distributed to validators and every decade thereafter the rewards are reduced by half.
Implications of a Fixed Supply
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Scarcity: A fixed supply ensures that the number of PECU tokens remains constant, creating scarcity. Scarcity can drive demand, as users and investors know that the supply cannot be increased arbitrarily.
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Value Maintenance: By preventing inflation, a fixed supply helps maintain the value of PECU tokens. Unlike fiat currencies, which can be printed in unlimited amounts, a fixed supply in cryptocurrencies can protect against devaluation.