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Tokenomics
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Deflationary

Controlling $LIGHT supply

Why $LIGHT has no hard cap

There's currently no hard cap on the supply of $LIGHT token, making it an inflationary token.

$LIGHT's primary function is to incentivize providing attention to users on web 3.0. Without block rewards, there would be much less incentive to provide attention.

So what are the other ways $LIGHT's supply is limited, to counter inflation?

How $LIGHT supply is reduced without a hard cap

We aim to make deflation higher than emission by building deflationary mechanisms into Light's products. The goal is for more $LIGHT to leave circulation than the amount of $LIGHT that's produced.

Deflationary mechanisms

Regular token burns are built into many of Light's products (like a 10% burn of $LIGHT spent on profile creation), with more on the way. Check here for details on present and upcoming deflationary mechanisms.