NoLimitCoin is a proof of stake coin that pays out 4% per year to users who hold the coins in a staking wallet.
Because of this there is no max supply.
Currently at the time this was published there are 612 million NLC2 coins in circulation and because of the proof of stake algorithm the max supply will slowly increase each year, currently at a rate of 2% per year, as around only half of the coins are actively being staked.
This inflation rate of 2% is sustainable and healthy for the long term growth of the coin and also encourages users to hold their coins for the long term.
Comments
0 comments
Please sign in to leave a comment.