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How can an increasing WAX Token supply lead to deflation? Some may think increasing the WAX Token supply from 1.85 billion to 3.7 billion tokens through the Genesis Block Member (GBM) program will result in inflation for stakers. Despite what you might imagine, this token supply increase will likely have a deflationary benefit for stakers, and deflation is incredibly good for a token holder. How can issuing more WAX Tokens increase your percentage of ownership? Read here: wax.io/blog/how-can-an-increasing-wax-token-supply-lead-to-deflation