Understanding The 5 Recurring Events Per Thing Limitation

How does this limitation work exactly?

If I want a user to be updated once per month with something, does this mean I can have UP TO 5 users doing this only out of the whole database?

Or does this mean 5 recurring actions on that ONE user?

I’m probably not updated on that one, in my knowledge there’s no limitation of recurring events. Any precision where you found that info?

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