Terminal Supply Cap
The terminal supply cap is the maximum number of tokens that will ever exist for a given cryptocurrency protocol. Once this limit is reached, no new tokens will be minted, and the protocol must transition entirely to a fee-based security model.
This hard cap is a critical feature for investors who view the asset as a hedge against fiat currency debasement. It creates a definitive scarcity that cannot be altered by governance or central intervention.
The approach to this cap is a significant milestone in a token's lifecycle, often associated with shifts in market behavior and investor expectations. It defines the ultimate economic boundary of the digital asset's ecosystem.