The total circulation of Tron coins is 100 billion, and the remaining circulation is approximately 67 billion. The reason for the decrease is the destruction mechanism: a portion of TRON coins are destroyed when fees are paid, and the TRON Foundation regularly repurchases and destroys TRON coins. The burning mechanism is affected by trading activity levels, buyback policies, and cryptocurrency market conditions.
The number of TRON coins
TRON is a digital currency based on blockchain technology. Centralized digital cryptocurrency platform. The platform was launched in 2017, and the total issuance was initially set at 100 billion TRON coins.
Remaining circulating supply
As of March 2023, the remaining circulating supply of Tron coins is approximately 67 billion. This means that approximately 67% of the initially issued Tron coins are in circulation.
Why is the number decreasing?
Tron Coin adopts a mechanism called "destruction", which will periodically destroy a portion of the Tron Coin in circulation. The burning mechanism is designed to reduce the supply of Tron coins, thus increasing their value.
How the destruction mechanism works
When Tron coins are used to pay transaction fees, part of the fees will be destroyed. In addition, the TRON Foundation also regularly repurchases and destroys TRON coins from the market.
Factors affecting the destruction mechanism
The main factors affecting the destruction mechanism of Tron coins include:
Summary
The total issuance of Tron coins It was initially set at 100 billion coins, but due to the destruction mechanism, the remaining circulating supply is approximately 67 billion coins. The burning mechanism is designed to reduce the supply and thereby increase the value of Tron coins.
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