Celo has a maximum supply of 1 billion tokens and has become a deflationary currency after introducing a buyback and burn mechanism. 1. Fixed Total Supply: The maximum supply of CELO is determined to be 1 billion tokens based on rigorous economic model calculations. Tokens will be gradually released into circulation through early contributor allocations, developer funds, community rewards, and foundation reserves, rather than being released into the market all at once. This balances the interests of all parties in the ecosystem and ensures the stable development of the network. As of December 2025, its circulating supply was approximately 589 million tokens, with a circulation rate of nearly 59%. 2. Dynamic Inflation Mechanism: In its early stages, CELO did not have a strictly linear decreasing inflation rule. Its circulating supply was dynamically adjusted by the protocol—when the price of CELO was lower than the pegged value, the system would issue more tokens to stimulate demand; when it was higher than the pegged value, some tokens would be burned to suppress inflation. In December 2025, the Celo Foundation proposed upgrading the token economic model, planning to introduce a buyback and burn mechanism to adapt to the increasing demand for transaction fees. The subsequent inflation logic will be determined through community governance, further moving away from the fixed linear decreasing model.

About CELO Celo is an open, decentralized platform dedicated to helping everyone with a mobile phone access financial services. The "Celo Alliance" comprises nearly 100 individuals, technology companies, and organizations worldwide. These partners are active on the Celo platform, helping Celo grow. Celo is a carbon-neutral blockchain composed of over 100 validators. Within the Celo ecosystem, CELO is the most basic currency, used for exchange and democratic elections. The total supply of CELO is fixed, but its value is variable. With CELO, you can vote for validators and for bills, thereby influencing the future of the Celo platform.

According to ChainCatcher, Solana ecosystem DEX Jupiter announced on the X platform that several product and infrastructure upgrades will be launched, including: Jupiter Lend ending testing and being open sourced; the stablecoin JupUSD launching soon; upgrading the token verification and data platform VRFD; launching a unified management platform for developers; integrating professional trading terminals; optimizing reward and incentive mechanisms; and announcing the acquisition of Rainfi to expand on-chain lending and asset liquidity.

What are the future development plans for KNC? KNC has a series of future development plans, mainly including the following aspects: 1. Liquidity Incentive Program: KyberSwap's FairFlow program will continue to distribute KNC rewards to liquidity providers until November 2025, with a total distribution of 500,000 KNC. In the near term, 61k-66k KNC will be distributed weekly to incentivize liquidity providers and drive growth in locked value for key trading pairs such as ETH/WSTETH and USD/USDT. 2. Protocol Upgrades: In Q3 and Q4 of 2025, Kyber Network plans to implement several technical upgrades, including Swap Flow V3, achieving an additional 20% gas savings beyond the current 13%; launching MEV - Protected Liquidity, redirecting arbitrage profits back to liquidity providers rather than bots; and Smart Liquidity Governance V2, which automatically detects problematic pools through simulation. 3. Improved governance mechanism: Voting activities on KyberDAO will resume in the second quarter of 2025. KNC holders can participate in governance for protocol fees and upgrades by staking KNC. As the governance mechanism continues to improve, it is expected to attract more KNC holders to participate in staking, reducing the circulating supply.

RVN will undergo a halving in the first month of 2026. The second halving of RVN is highly likely to occur in January 2026. Its halving follows the rule of occurring every 2.1 million blocks. The first halving was completed on January 11, 2022. The exact date of this halving varies slightly depending on the source, with some predicting January 5th and others predicting around January 16th. At that time, the block reward will be halved from 2500 RVN to 1250 RVN.

LRC Core Benefits and Market Potential Analysis 1. Key Driving Event: Loopring is about to launch its next-generation NFT marketplace based on ZK-Rollup Layer2 infrastructure. Its core advantages are low gas fees, high transaction speed, and large-scale scalability, directly addressing the high cost pain point of Ethereum mainnet NFT transactions and providing a smoother experience for creators, traders, and collectors. 2. Price and Technical Signals: The current $LRC price of 0.05014 is clearly undervalued, but it is currently in a quiet accumulation phase. With the formation of a fundamental narrative and increased ecosystem popularity, there is a potential for a breakout from this range to form a trend. 3. Ecosystem Positioning Value: The launch of this NFT marketplace is a key move for Loopring to strengthen its Layer2 trading ecosystem layout. It aims to break free from the cost constraints of the Ethereum mainnet, seize the Layer2 traffic entrance in the NFT trading arena, and form a differentiated competitive advantage.

Stablecoin payments, with their core advantages of low cost, immediacy, and seamless cross-border transactions, are reshaping the global payment landscape. From daily settlements for SMEs to cross-border remittances, their value in replacing traditional payments continues to stand out, making them a key entry point for blockchain to be applied to the real economy. Celo, with its deep cultivation of emerging markets, completion of its L2 transformation, and impressive stablecoin ecosystem data, is gaining a unique first-mover advantage in this blue ocean market thanks to its compliance strength and scenario penetration.

Luna's unlimited supply makes it a classic example of a "vampire" token. Due to design flaws, Luna has evolved into a token with an "unlimited supply." While its initial design included a supply cap of 1 billion tokens and a burning mechanism, algorithmic defects caused it to become a "vampire" of over-issuing tokens during crises. The core logic is that Luna is pegged to the stablecoin UST, maintaining the peg through an algorithmic arbitrage mechanism of "burning Luna to mint UST and burning UST to mint Luna." However, UST has no external collateral and relies entirely on Luna's value. Once the market panics about decoupling from UST, a run on the tokens triggers a death spiral—investors rush to redeem Luna with UST, forcing the system to mint a massive amount of new Luna to meet these redemptions. This causes the Luna supply to surge from 386 million before the crisis to 6.5 trillion, completely exceeding the supply cap and creating the appearance of "unlimited issuance." This over-issuance is essentially a "vampire-like" plunder: the massive sell-off of newly issued Luna causes the price to drop to zero, diluting the assets of early holders and stakers. All value is devoured by the collapse of the algorithm mechanism, ultimately turning them into "vampires."

What is the Mina Foundation? The Mina Foundation is a non-profit organization established in 2021. Its core mission is to support the Mina Protocol ecosystem, the world's lightest blockchain, and to drive innovation in Web3 privacy protection and accessibility through zero-knowledge proof technology. Its core support system revolves around developers and the ecosystem: 1. Funding Programs: After shutting down zkIgnite, the focus is on two core programs—the Navigators program (divided into entry-level and growth tracks, providing technical guidance and rapid deployment support) and the Core Grants program (covering ecosystem advancement and public goods, distributing grants through the RFC proposal to RFP process); 2. Ecosystem Empowerment: Tokens are distributed to community validators through a token delegation program, allowing validators to retain 8% of their staking rewards. Simultaneously, cross-chain and oracle collaborations with Polygon, Chainlink, and others are promoted to lower the barrier to entry for developers; 3. Governance Core: Community governance is achieved through the MINA token, supporting developers in building privacy-first Snapps applications, adapting to sensitive scenarios such as identity authentication and DeFi.

What is Coinbase50? Why is Mina a member of Coinbase50? Coinbase50 refers to the Coinbase 50 Index, a market capitalization-weighted benchmark index launched by Coinbase in partnership with Market Vector Indexes. MINA became a member of Coinbase50 primarily because it meets the stringent selection criteria of the Coinbase50 Index. **Non-Stablecoin:** MINA is a non-stablecoin and does not fall under the category of privacy coins, but it features a privacy-preserving blockchain, thus meeting the basic asset type requirements of the Coinbase50 Index. **Liquidity Requirements:** MINA has a certain degree of liquidity, with most of its supply circulating in the open market, meeting the index's requirement for the proportion of freely circulated market capitalization and avoiding the risk of market manipulation. **Compliant Custody:** MINA may be custodied by a Coinbase-certified third-party institution, ensuring asset security and transparency, meeting the Coinbase50 Index's standards for compliant custody. Technical and Security Standards: MINA's blockchain architecture has a certain degree of decentralization, its consensus mechanism is relatively secure, and it has passed relevant code audits. There are no known smart contract vulnerabilities, which meets the technical and security requirements of the COINBASE50 index.