SMBSwap
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  • πŸ‘©β€πŸ³The SMB Team
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  • PRODUCTS
    • πŸ”„Exchange
      • πŸͺ™Token Swaps
      • ↕️How To Trade
      • πŸ“³Smart Router
        • How to trade using Smart Router
      • πŸ’΅Liquidity Pools
      • ⚑Zap
      • πŸ“ How to Add/ Remove Liquidity
      • FAQ
    • 🚜Yield Farming
      • How to Use Farms
      • bSELF
        • How to Use bSELF
        • FAQ
      • FAQ
    • πŸ’΅Made Pools - Stake SELF
      • New SELF Made Pool
        • How to Use the Flexible Staking Option
        • How to Use the Fixed-Term Staking Option
        • SELF Made Pool FAQ
      • Other Made Pools
        • Made Pool FAQ & Troubleshooting
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      • How to Play BUSD Lottery
      • Lottery FAQ
    • πŸ“ŠAnalytics
    • β˜‘οΈVoting
      • How to Vote
  • TOKENOMICS
    • πŸͺ™SELF
      • SELF Tokenomics
      • Controlling SELF Supply
  • DEVELOPERS
    • 🚚v3 Migration
      • How to migrate
      • How v3 APR is calculated
      • FAQ
    • 🚚v2 Migration
      • Migrate Your Stakings
      • MasterChef v2
        • List of Farms
      • SELF Made Pool
    • Smart Contracts (EVM)
      • SMBSwap Exchange
        • v3
          • SMBV3Factory
          • SmartRouterV3
            • V3SwapRouter
            • V2SwapRouter
            • StableSwapRouter
          • NonfungiblePositionManager
          • SMBV3Pool
        • v2
          • Factory v2
          • Router v2
        • Stable Swap
          • StableSwap Pools
        • Smart Router
      • MasterChef
        • MasterChef V3
      • Made Pools
      • SELF Made Pool
      • Lottery
      • Farm Booster (bSELF)
    • 🧠Smart Contracts (BSC)
      • SMBSwap Exchange
        • Factory v2
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      • MasterChef
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      • SELF Made Pool
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    • πŸͺ°Report a Bug
  • JOIN THE TEAM
    • πŸ”‘Opportunities
  • REFERENCE/ ARCHIVE
    • Auto SELF Made Pool
    • How to Use Farms with BscScan
    • Main Staking/ Made Pool/ MasterChef Contract
    • Auto SELF Made Pool (SelfVault)
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On this page
  • Why SELF has no hard cap
  • How SELF supply is reduced without a hard cap
  • Reducing block emissions
  • Deflationary mechanisms
  1. TOKENOMICS
  2. SELF

Controlling SELF Supply

PreviousSELF TokenomicsNextv3 Migration

Last updated 2 years ago

Why SELF has no hard cap

There's currently no hard cap on the supply of SELF token, making it an inflationary token.

Community members often point to this as a cause for concern, and while the chefs certainly understand the wish for a hard cap, there's a big reason we don't expect to set one in the near future:

SELF's primary function is to incentivize providing liquidity to the exchange. Without block rewards, there would be much less incentive to provide that liquidity, but exchange fees. would remain.

So what are the other ways SELF's supply is limited to counter inflation?

How SELF supply is reduced without a hard cap

The team aims to make deflation higher than emission by building deflationary mechanisms into SMBSwap's products. The goal is for more SELF to leave circulation than the amount of SELF that's produced.

Reducing block emissions

By reducing the amount of SELF made per block, we slow inflation. This has already been done once, we've already effectively reduced the number of SELF entering circulation from 10 SELF per block to 5. But we don't want to do this too frequently, too early, for the same reason we don't want a hard cap: we still need to incentivize people to provide liquidity.

Deflationary mechanisms

Regular token burns () are built into many of SMBSwap's products (like a 10% burn of SELF spent on lottery tickets), with more on the way. Check the **** SELF Tokenomics page **** for details on present and upcoming deflationary mechanisms.

πŸͺ™
view burn address