How many scrt coins are there in total?
- WBOYOriginal
- 2024-07-10 17:16:51736browse
The total circulation of SCRT coins is 100 million. SCRT coin is the native token of the Secret Network blockchain and is used for staking, payment of fees, and network governance. The network has approximately 60% of its tokens minted in the Genesis block, with the remainder released according to an issuance schedule to reward stakers and contributors.
The total circulation of SCRT coins
The total circulation of SCRT coins is 100 million pieces.
Detailed Description
SCRT coin is the native token of the Secret Network blockchain network. The network is designed to provide privacy-preserving smart contract functionality, allowing users to conduct transactions and execute applications without revealing sensitive information.
The main uses of SCRT coins include:
- Staking: SCRT holders can earn rewards by staking their tokens and help secure the network.
- Payment Fees: SCRT is used to pay transaction fees on Secret Network, including the deployment and execution of smart contracts.
- Governance: SCRT holders can participate in the development and decision-making of Secret Network through governance voting.
The total supply of SCRT coins is 100 million, approximately 60% of which have been minted in the Genesis block. The remaining tokens will be gradually released according to a predetermined issuance schedule to reward stakers and contributors.
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As of now, 284,475,654.94051 SCRT are circulating in the market, and the total supply is the same as the circulation, but the maximum supply is uncertain. Supply figures like this suggest that SCRT's profit potential is huge.
But please note that cryptocurrencies are rapidly changing and prices can fluctuate widely. Before investing in any cryptocurrency, it is always recommended to conduct your own research and manage risk.
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