A quota contract in cryptocurrency refers to an agreement that defines specific limits or thresholds for transactions or the allocation of resources. These contracts often outline how much of a particular token or digital asset can be bought, sold, or transferred within a specified timeframe.Typically used in trading platforms or decentralized applications, quota contracts help manage supply and demand by capping the amount of an asset that can be exchanged. This can mitigate market volatility and ensure that users adhere to predetermined limits, reducing the risk of market manipulation or excessive speculation.In many cases, quota contracts can be implemented with smart contracts, automating compliance with the set limits. Such automation enhances transparency and trust among participants, as the terms are executed without the need for intermediaries.Overall, quota contracts serve as a tool to create more controlled trading environments, balancing the interests of buyers and sellers while promoting fair usage of digital assets.
Bank of Japan Weighs Additional Rate Hikes as Inflation Persists
The Bank of Japan will continue to raise interest rates if economic and price trends progress as expected, Deputy Governor