Home  >  Article  >  How many ADA coins are issued in total?

How many ADA coins are issued in total?

DDD
DDDOriginal
2024-04-24 15:30:451182browse

The total issuance of ADA coins is 45 billion. It aims to reduce inflation, incentivize participants and support the ecosystem through a gradual issuance plan. The current circulation is approximately 34.6 billion and will be It will continue to increase in the future until it reaches the total issuance limit.

How many ADA coins are issued in total?

Total issuance of ADA Coin

The total issuance of ADA Coin (ADA) is 45 billion .

Issuance Plan

The issuance of ADA is set to be a gradual process, lasting over 60 years. The issuance plan is as follows:

  • Creation period (5-7 years): Issuance of part of the 45 billion ADA coins to build the ecosystem and provide incentives.
  • Growth Period (10-15 years): A fixed number of ADA coins are released each year to support network growth and adoption.
  • Stability period (20-30 years): The issuance rate slows down to maintain the value of the ADA coin.
  • Saturation period (more than 30 years): Ada currency is close to the upper limit of the total issuance, and issuance stops.

Purpose of issuance

The total issuance of ADA coins is designed to:

  • Reduce inflation:The long-term issuance plan helps prevent the devaluation of ADA coins.
  • Incentive participants: Used to incentivize proof-of-stake validators and governance participants.
  • Support the ecosystem: Provide funding for the development of new projects and applications.

Current circulation

As of March 2023, the circulation of ADA coins is approximately 34.6 billion. Over time, the circulation will continue to increase until it reaches the upper limit of the total issuance.

The above is the detailed content of How many ADA coins are issued in total?. For more information, please follow other related articles on the PHP Chinese website!

Statement:
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn