TechFlow, following an internal review and discussions with advisors, partners, and community members, the decentralized derivatives protocol Vela Exchange has reduced its tokenomics total supply by 50 million tokens. If the community deems it necessary to increase the supply in the future, a governance vote will be required over the coming years.
Reportedly, the initial Vela Exchange token supply and distribution were designed to resemble DXP tokenomics, but simulation runs showed that no more than 50 million tokens would be needed, even under the highest inflation scenarios. Additionally, there have been internal community proposals to introduce deflationary mechanisms, including but not limited to burning and additional buyback mechanisms.Source link
