A question regarding supply

in LeoFinance4 years ago

Capture.PNG

I am still learning, and trying to spot the value in all the Scot tokens. I made a good call on Leo in the early days and I am trying to see what else has good potential. My question may seem very silly to some but I am sure that the answer will also be helpful to others just getting started.

When I bring up the info on a token in Hive Engine It shows the supply. I can understand the Max, mean to the amount that can ever be but what exactly is the difference between Circulating and Total? Should these not be the same? Or is the Total showing extra tokens that were actually burned or something?

Posted Using LeoFinance Beta

Sort:  

Circulating is the amount of tokens in people's hands, total is the amount of tokens in people's hands + the tokens burned in the past. Max supply is the maximum that could have been printed ever.

This will probably make it more clear.

Thank you for your answer. This makes it much clearer. Steemgeeks appears to have a great Burn rate.

Posted Using LeoFinance Beta

Congratulations @ammonite.leo! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You distributed more than 200 upvotes. Your next target is to reach 300 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @hivebuzz:

Happy New Year - Project Activity Update
First Hive Power Up Day of 2021 - Get a Hive Power delegation