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What is the total amount of flow coins?

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2024-04-30 14:52:55584browse

The initial total amount of FLOW coins is 1 billion. The supply is composed of 42.5% allocated to developers and ecosystem, 32.5% allocated to teams and investors, and 25% reserved for the Flow Foundation. There is no block reward mechanism, resulting in a fixed total supply, and FLOW coins in circulation can Obtained through an exchange or DEX.

What is the total amount of flow coins?

Total amount of FLOW coins:

The initial total amount of FLOW coins is 1 billion.

Detailed description:

  • FLOW coin is the native token of the Flow blockchain network and is used to pay transaction fees, staking and governance.
  • Of the initial 1 billion FLOW coins:

    • 42.5% will be allocated to developers and ecosystem participants.
    • 32.5% allocated to the team and investors.
    • 25% is reserved for the Flow Foundation.
  • FLOW coin has no block reward mechanism, which means its total supply is fixed.
  • 20% of the total supply is designated as tradable supply, with the remainder locked in smart contracts to ensure the long-term stability and security of the network.
  • FLOW coins in circulation can be obtained through exchanges or decentralized exchanges (DEX).

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