How many iost coins are issued?
- PHPzOriginal
- 2024-07-03 14:57:55846browse
IOST coin issuance: 21 billion, and circulation is about 10 billion. Distribution distribution: 54% for ecosystem support, 30% for marketing, 6% for team holdings, and 10% for community allocation. IOST coins are used to pay transaction fees, pledge verification, and governance.
IOST coin issuance
Total issuance: 21 billion
Circulation volume (as of February 2023): About 10 billion
Details:
- IOST coin was issued in 2017 , the initial issuance is 4 billion.
- In 2018, the IOST Foundation decided to increase the issuance to 21 billion to meet market demand.
-
21 billion IOST coins are distributed as follows:
- 54% for ecosystem support (such as node rewards, development funds)
- 30% for marketing and operations
- 6% for team holdings
- 10% allocated to the community through airdrops and events
IOST Coin is the native token of the IOST blockchain network. It is used to:
- Pay network transaction fees
- Stake to become a block validator and earn rewards
- Participate in community governance and vote
As the IOST ecosystem grows, the circulation of IOST coins is expected to continue to grow .
Celer Network (CELR)
CELR is doing well on the cryptocurrency market with a 5% price increase in the past 24 hours. Currently, the price of CELR is $0.0153 with a daily trading volume of $2.2 million.
CELR’s circulating supply is 7.7 billion, with a maximum supply of 10 billion. This shows that there is still a large number of tokens available in the market, which may affect its price. However, CELR has a market capitalization of over $119 million, indicating that it has established a solid footing in the market.
CELR’s price surge may be due to its potential to provide scalability solutions on the Ethereum network. Celer Network aims to increase transaction speed and efficiency through its sharding and state channel technology, which may appeal to developers looking to improve the performance of their blockchain applications.
Overall, CELR is a cryptocurrency worth watching for its potential to improve Ethereum’s scalability. Its current rally shows that investors are confident in the project's future prospects.
The above is the detailed content of How many iost coins are issued?. For more information, please follow other related articles on the PHP Chinese website!