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How much is the cspr currency issued?

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The total issuance of CSPR coins is 10 billion, which will be issued in stages, including: 1. Initial issuance of 1 billion; 2. 200 million released in the genesis block; 3. 100 million released monthly for 10 years; 4. The community reserves 2 billion coins; 5. The team reserves 1.6 billion coins; 6. Investors reserve 3.2 billion coins. The purpose of issuance includes paying transaction fees, rewarding validators, funding ecological development and providing incentives for teams and investors.

How much is the cspr currency issued?

CSPR coin issuance volume

Issuance volume: 10 billion

Issuance details:

  • Initial issuance: 1 billion CSPR
  • Genesis block release: 200 million CSPR
  • Released monthly after network launch: 100 million CSPR, lasting for 10 years
  • Community reserve: 2 billion CSPR, used for ecosystem development and Governance
  • Team Reserve: 1.6 billion CSPR, to be released in phases over 4 years
  • Investor Reserve: 3.2 billion CSPR, over 3 years Phased release

Release schedule:

  • March 11, 2021: Genesis Block Release 2 100 million CSPR
  • April 2021: Start releasing 100 million CSPR every month for 10 years

Purpose of issuance:

  • Pay network transaction fees
  • Reward validators and delegators
  • Fund ecosystem development and governance
  • Provide incentives for teams and investors

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