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Homeweb3.0Total issuance of Tron currency trx

Total issuance of Tron currency trx

Apr 24, 2024 pm 01:54 PM
BlockchaincryptocurrencyBlockchain technologyexchange

The total issuance of TRON coins (TRX) is 100 billion, including initial circulation (40%), reserved for sale (40%), TRON Foundation (15%) and early investment authors and consultants (5%).

Total issuance of Tron currency trx

The total issuance amount of TRON Coin TRX

The total issuance amount of TRON Coin (TRX) is100 billion.

Detailed description:

Tron was issued in 2017 and is a cryptocurrency based on blockchain technology. Its purpose is to build a decentralized content sharing platform that allows users to freely share and consume content.

The total issuance of TRON coins is set to 100 billion, distributed as follows:

  • Initial circulation: 40% (40 billion)
  • Reserved for sale: 40% (40 billion coins)
  • TRON Foundation: 15% (15 billion coins)
  • Early investors and advisors: 5% (5 billion)

Initial circulation is raised through public sale and private placement, while tokens are reserved for sale are used for future developments and activities. The Tron Foundation holds 15% of the tokens to support project development and promotion.

It should be noted that the actual circulation of TRON may be lower than its total issuance. This is because some tokens may be held in exchange wallets or user wallets, and these tokens are temporarily out of circulation.

Over time, the total amount of TRON issued may change. If a project requires additional token issuance, this can be decided through a governance vote.

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