Svalbard BTC Tokenomics Paint Bullish Picture

Svalbard BTC (SVBTC) is an institutional Bitcoin yield protocol that earns market-neutral yield through exchange rates, with assets held in segregated MPC cold custody and reserves attested on-chain in real time.

The token's total supply is set at $190.00, with a circulating supply of the same amount, indicating that there are no tokens being withheld from circulation.

Its FDV (Fully Diluted Valuation) stands at $15.06M, calculated by multiplying its current price ($79,270) by its max supply.

The token's inflation rate is not explicitly mentioned in the source, but it can be inferred that a high circulating supply and low max supply could lead to potential long-term price appreciation.