The total circulation of Zilliqa (ZIL) coins is 21 billion. ZIL coins are used to pay transaction fees, pledges, governance and other purposes to support the operation and security of the Zilliqa blockchain network.
The total amount of ZIL coins issuance
The total amount of Zilliqa (ZIL) coins is 21 billion indivual.
Detailed Description
Created in 2017, ZIL Coin is a cryptocurrency used to pay transaction fees and for staking to secure the Zilliqa blockchain network. The total issuance of ZIL coins is predetermined and will not increase over time.
Allocation
The distribution of ZIL coins is as follows:
- Private sale: 40%
- Public sale: 40%
- Team and Advisors: 10%
- Ecosystem Development: 10%
Uses
ZIL Coin has the following uses:
- Pay transaction fees: ZIL coins are used to pay for transactions on the Zilliqa network.
- Staking: ZIL coins can be staked to validators to secure the network and earn rewards.
- Governance: ZIL coin holders can participate in Zilliqa blockchain governance and vote on protocol upgrades and other proposals.
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