VaporDEX
  • Introduction
    • Welcome to VaporDEX
  • VaporDex
    • Swap & Aggregator
      • How to Swap
      • Who do we Aggregate through?
    • Liquidity Pools
      • Overview of LP Pools
        • What are LP Pools & IL
      • Creating a new pool
      • Launching a token
      • Add to existing Liquidity Pools
      • Concentrated Liquidity Pools
        • Capital Efficiency
        • Active Liquidity
        • Range Limit Orders
        • Mitigating Risk
        • Concentrated Liquidity Vs Standard Pools
      • Telos on VaporDex
    • Bridge
      • How to Bridge?
    • Fiat On and Off Ramping
      • Mt Pelerin
      • Onramper
    • Vape Token
      • Introduction to Vape
        • What is VAPE?
        • Why a new token?
        • The Expanded Role of VPND
        • Role of VAPE in our ecosystem
        • Governance for VaporDEX and VAPE
        • VaporDEX Fee Harvesting
        • Primary Markets for Vape
          • Which market to earn VAPE is right for you?
        • Supply
          • Allocation of initial supply
        • Emission Types
          • Genesis Pool (Direct Emissions)
          • Liquid Staking (Direct Emissions)
          • Enhanced Staking (Indirect Emissions)
          • Stratosphere Rewards
        • VAPE manufacturing & node-powered infrastructure
        • FAQ's
          • Will I need a node in order to manufacture VAPE?
          • Why do we need manufacturing, it seems unnecessary?
          • What if I don’t want to participate in manufacturing, can I sell my materials or transfer them to so
          • Why should I bother manufacturing VAPE?
          • How many nodes can I stake on buildings?
          • Will staking my node on a building burn my TVL?
          • If I stake my node on a building, will it still earn VPND from the VaporNodes reward pool?
          • Will a 10K Node be more powerful than a 10M node in the manufacturing process?
          • Do I lose VAPE materials that I deposit into a building, but fail to be refined, processed, or token
      • Genesis
        • What is the Genesis Pool?
        • How does the Genesis Pool work?
        • How does the Genesis Pool work?
        • How do you determine how much VAPE you will be able to claim from the Genesis Pool?
        • How does the Genesis Pool allow the community to determine the true value of VAPE?
        • Initial Evaluation
        • Market Valuation
        • Role of Various Community-Driven Valuations
        • What to expect from VaporFi Labs during the Genesis event?
    • Liquid Mining
      • VPND Liquid Mining
        • Participation & Eligibility Overview
        • Seasons Concept Overview
        • Overview of Components
          • Deposit VPND
          • Purchase a Mining Pass
            • How Do we Split Mining Pass Fees?
          • Withdraw VPND
            • Early Unlock VPND Cooldowns
          • Claim VAPE
          • Boost Score
        • Mining Mechanics
          • Mining Seasons
          • Seasonal Scoring
          • Boost Impact
        • Token Allocation & Reward Distribution
      • VAPE Liquid Mining
        • Reward Distribution Model
    • Token Factory
      • Anti-Bot and Anti-Whale Features
      • Technical Simplicity
      • Token Launch Considerations
      • Fees
    • Ads
    • Supported Chains
      • Avalanche
      • Telos
      • Apechain
  • Stratosphere
    • What is Stratosphere?
      • How to see your soul bound NFT from Stratosphere
      • How to enroll in Stratosphere
      • Stratosphere FAQ
  • Developers
    • Github repositories
    • Contracts
    • Audits
  • Support
    • Where to get help?
  • Social Media
    • Twitter
    • Discord
    • Medium
Powered by GitBook
On this page
  1. VaporDex
  2. Vape Token
  3. Introduction to Vape

Supply

The maximum supply of VAPE that can ever exist is preset and limited to only 21,000,000 tokens. VAPE is designed to be extremely rare from the very beginning and become increasingly challenging to acquire as time passes.

How did we end up with a final design that incorporated such a specific supply?

Cryptocurrency enthusiasts will immediately see the significance of a finite supply of 21M tokens — a nod to Satoshi Nakamoto and the supply philosophy of Bitcoin. Regardless of personal beliefs, biases, or priorities — Bitcoin is the gold standard for cryptocurrencies in long-term value creation made possible by scarcity and increasingly complex and challenging hurdles required to acquire it.

Bitcoin has become a phenomenon that successfully transcended national borders, time zones, religion, and continents. The global awareness of Bitcoin has exploded in recent years, and every day more and more global citizens come to understand Bitcoin beyond what the price-action focused headlines state. Each day, people are beginning to understand that the genius behind Bitcoin was how effectively it has weaponized human desire for value acquisition to create a system of checks and balances on its own circulating supply — and therefore, also its long-term value potential.

We think that decentralized finance can and should be a foundational pillar in our global society and should also be able to transcend or improve upon all human-made constructs as needed, just as Bitcoin has been doing for years. For this to occur in a meaningful manner — DeFi needs to take the globe by storm just as Bitcoin has. So as we embark on our mission to bring decentralized finance to every corner of the planet — we want a token economy that embodies and perpetuates the same concepts and opportunities that have allowed Bitcoin to disrupt an antiquated industry and give way to innovative new ideas, concepts, and realities.

Let’s look at how the initial supply will be allocated for distribution.

PreviousWhich market to earn VAPE is right for you?NextAllocation of initial supply

Last updated 2 years ago