Controlling OBO supply

Why OBOS has no hard cap

There's currently no hard cap on the supply of OBOS 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:

OBO'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 OBOS supply is limited, to counter inflation?

How OBOS supply is reduced without a hard cap

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

Deflationary mechanisms

Regular token burns are built into many of Obo Swap's products with more on the way. Check the OBOS Tokenomics page for details on present and upcoming deflationary mechanisms..