The total amount of lrc coins issued

The total circulation of LRC coins is 1.373 billion, all of which have been issued. Token allocation includes: 15% for the founder team, 15% for seed round investors, 15% for private equity round investors, 50% for ICO public sales, and 5% for ecosystem funds. LRC coins are mainly used to pay transaction fees, incentivize liquidity provision and pledge.

Total LRC currency issuance

Total issuance:

## The total circulation of #LRC coins is

1.373 billion, all of which have been issued during the Initial Coin Offering (ICO).

Token distribution:

The token distribution of LRC coins is as follows:

Founder team: 15% (206 million coins)
• Seed round investors: 15% (206 million coins)
• Private round investors: 15% (206 million coins)
• ICO public sale: 50% (6.87 billion pieces)
• Ecosystem Fund: 5% (69 million pieces)

Token usage:

LRC coins are used in Pay transaction fees and incentivize network participants on the Loopring protocol. It is mainly used for the following purposes:

• Transaction fees: Users need to pay LRC coins as transaction fees when conducting transactions on the Loopring protocol.
• Liquidity Provision Incentives: Liquidity providers provide assets on the Loopring protocol to facilitate transactions, and they can be rewarded with LRC coins.
• Staking: Users can stake LRC coins into the Loopring protocol to earn rewards and support network security.

Issue Schedule:

The entire issuance of LRC coins was completed during the Initial Coin Offering in August 2017.

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