Monero has no preset total issuance and adopts a tail issuance inflation mechanism. 26 million Monero coins will be issued every year until 2022, when the circulating supply will reach 18.4 million coins, and will be halved every year thereafter. Distribution will cease in 2040.
Total supply of Monero
There is no preset total issuance of Monero. It rewards miners using an inflation mechanism called “tail issuance,” which adds 26 million Monero coins to the circulating supply every year.
This tail issuance will continue until 2022, when the circulating supply will reach 18.4 million Monero. After that, tail issuance will be cut in half to 13 million Monero per year and will cease in 2040.
Therefore, the total issuance of Monero will depend on how long the network is running. As of now, the circulating supply is approximately 18.1 million Monero.
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