Gods Unchained Shares Update on Token Supply
$GODS token supply will increase, but they will not be available on the market.
Token Supply Update
Gods Unchained has released the latest update on the circulating supply of $GODS tokens. The trading card game platform is sure that the development will allow for more transparency and accountability across the community.
In line with Gods Unchained’s whitepaper, no new tokens are coming to the market, although the supply remains the same with schedules across exchanges like CoinGecko, CMC, etc.
The circulating supply includes tokens yet to be unlocked, and the change is due to definitional updates for tokens like $GOG and $IMX within the Immutable ecosystem. According to the whitepaper unlock schedule, the circulating supply for $GODS is 142 million as of the latest 28-day unlock epoch which began on September 30, 2022.
This development will increase token supply, although they will not be available on the marketplace. This ensures a better, open, and more consistent means of transacting tokens.
Immutablex is the brain behind Gods Unchained, and the company has said that the move will positively affect the ecosystem where the value is offered alongside token supply.
ImmutableX has been in league with the foundation and token issuers to create top-quality projects and collaborations to establish the immutable ecosystem. This will help with transparency in two ways. Firstly, the team will divide the wallets for allocations to strengthen on-chain transparency. Also, it will bring strategies to suggest relocking tokens not utilized.
The approach will strengthen the partnership and boost the platform’s economy.