How many Tron coins are there in total?
- DDDOriginal
- 2024-04-24 14:21:32526browse
The total circulation of TRON coins is 100 billion, of which 30 billion have been sold through ICO and the rest are held by the TRON Foundation. The issuance mechanism is deflationary, and the number of Tron coins in circulation will decrease over time, and its uses include payment, staking, and voting.
Total circulation of TRON Coin
The total circulation of TRON is 100 billion .
Details:
- Tron was launched in 2017 through an initial coin offering (ICO).
- 30% of the total circulation (30 billion coins) was sold during the ICO, and the remaining 70% is held by the TRON Foundation.
- The TRON Foundation regularly sells or uses part of its TRON coins for other purposes to fund platform development and promotion.
Issuance mechanism:
The issuance mechanism of Tron coins is deflationary, which means that over time, the number of Tron coins in circulation will decrease. The quantity will decrease.
- A new block reward is generated every three blocks.
- The block reward gradually decreases from the initial 32 TRON until it reaches 0.
- The reduction process is expected to last approximately 100 years.
Uses:
Tron coins can be used for the following purposes:
- Payment: Transactions on the TRON platform.
- Staking: Provide security to the TRON network and earn rewards.
- Vote: Participate in TRON network governance.
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