The total amount of aave coins issued
- DDDOriginal
- 2024-05-07 13:49:56948browse
The total issuance of AAVE tokens is 16 million, of which approximately 13 million are currently in circulation and the remaining 3 million are reserved for future ecosystem development.
Total AAVE token issuance
Total issuance: 16 million coins
Tokens in circulation: There are approximately 13 million AAVE tokens in circulation.
Details:
AAVE is a governance token issued by Aave, a decentralized finance (DeFi) lending platform. Token holders have voting rights in the governance of the platform and are entitled to interest income generated by the platform.
The total issuance limit of AAVE tokens is 16 million, of which:
- 13 million: Initial issuance, used to launch the platform and attract liquidity sex provider.
- 3 million: Reserved for future ecosystem development and rewards.
The circulating supply of AAVE tokens will increase over time as the protocol continues to generate revenue and distribute it to token holders. However, since there are fees for the existence of the platform, the total circulation will remain the same.
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