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.
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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. #
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Burn Mechanism: A burn mechanism is in place from gas fees generated (50% of gas fees burned) that permanently removes PECU from circulation, this reduces the supply and increases the scarcity. This helps control inflation, stabilize tokenomics, and makes PECU more deflationary over time. #
