Controlling ANPAN supply
Why ANPAN has no hard cap
There's currently no hard cap on the supply of ANPAN 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:
ANPAN'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 ANPAN's supply is limited, to counter inflation?
How ANPAN supply is reduced without a hard cap
The chefs aim to making deflation higher than emission by building deflationary mechanisms into Anpanswap's products (coming soon). The goal is for more ANPAN to leave circulation than the amount of ANPAN that's produced.
Regular token burns (view burn address) are planned such as reducing 1 Anpan/block per month through Burn Farm (the burning process is currently manual), or a 10% burn of ANPAN spent on lottery tickets (coming soon).