Controlling MOK supply

Why MOK has no hard cap

There's currently no hard cap on the supply of MOK token, making it an inflationary token.
Community members often point to this as a cause for concern, and while the devs certainly understand the wish for a hard cap, there's a big reason we don't expect to set one in the near future:
MOK's primary function is to incentivize providing liquidity to the exchange. Without block rewards, there would be much less incentive to provide liquidity (LP fees etc. would remain).
So what are the other ways MOK's supply is limited, to counter inflation?

How MOK supply is reduced without a hard cap

The chefs aim to making deflation higher than emission by building deflationary mechanisms into MocktailSwap's products. The goal is for more MOK to leave circulation than the amount of MOK that's produced.

Reducing block emissions

By reducing the amount of MOK made per block, we slow inflation. 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 MocktailSwap's products, with more on the way. Check the MOK Tokenomics page for details on present and upcoming deflationary mechanisms.
Last modified 5mo ago