What is the issuance of Monero?

The total issuance of Monero is approximately 18.8 million, and its monetary policy includes no fixed maximum issuance, tail issuance (the issuance rate decreases year by year), and a capped emission rate (expected to stabilize at every minute in 2046 0.6 Monero). In addition, 20% of the tail issuance funds will be used for community development and incentives.

Monero issuance volume

Answer: As of the time of writing this article, The total circulation of Monero is approximately 18.8 million.

Detailed Description:

Monero’s (XMR) monetary policy aims to ensure a consistent and sustainable supply by:

• No fixed maximum issuance: Unlike other cryptocurrencies such as Bitcoin, Monero does not have a set maximum issuance.
• Tail Issuance: New Monero coins are minted every minute, at a rate that gradually decreases until infinity.
• Capped emission rate: The tail issuance rate decreases at a rate of 0.6% per year and is expected to stabilize at approximately 0.6 Monero per minute around 2046.

Due to the tail issuance mechanism, the supply of Monero will increase indefinitely over time, but the issuance rate will continue to slow down. This mechanism is designed to balance inflationary pressures with the need to maintain network security.

The Monero community has voted through its governance mechanism to reserve 20% of tail issuance funds for community development and incentives. This helps ensure the long-term sustainability and growth of the Monero ecosystem.

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