SRS Supply

Understanding the supply of SRS

Understanding the dynamics of supply and demand is essential when evaluating the value of any asset. This principle holds true for SRS, the backbone of the Sirius Sync ecosystem. Let's dive into the supply dynamics of SRS and how it contributes to our thriving web3 social economy.

A Limited Realm of SRS

The total supply of SRS is fixed at 1 billion coins. This limited supply creates a sense of scarcity, a fundamental factor in driving value. However, not all of these coins will be immediately available in circulation. Over time, the circulating supply of SRS will strategically increase to foster a sustainable and flourishing ecosystem.

A Vision for the Long Term

Our circulation schedule aligns with a long-term plan aimed at ensuring a distributed holder base. This vision forms the foundation of our commitment to building a robust and resilient network. Even our founder/team allocation has a cliff of 3 years!

Combating Inflation with Deflation

While the circulating supply of SRS will gradually increase, we also intend to implement deflationary mechanisms to reduce the available supply. These mechanisms may include burning spent SRS and purchasing from secondary markets, effectively countering inflationary pressures that arise from elements such as staking and validator rewards.

A Bright Future Ahead

With a balanced approach to supply and demand, a long-term vision, we believe SRS is poised for a promising future. Join us on this exciting journey as we continue to innovate and push the boundaries of what's possible in the web3 social landscape.