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What is the total circulation of EOS coins?

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2024-05-08 12:25:431005browse

The total issuance of EOS coins is 1 billion, of which 900 million were allocated in the 2017-2018 token sale and the remaining 100 million are reserved for rewards, development, and ecosystem growth.

What is the total circulation of EOS coins?

Total circulation of EOS coins

1 billion

Detailed explanation:

EOS is a blockchain-based smart contract platform powered by EOSIO software. EOS coins are the native tokens of the platform and have the following functions:

  • Payment fees:EOS coins are required to be paid as transaction fees when executing smart contracts and storing data.
  • Governance: EOS currency holders can participate in the platform’s governance and decision-making process by voting.
  • Staking: EOS coins can be staked to obtain certain privileges, such as voting rights on EOSIO software.

The total circulation of EOS coins is 1 billion. A one-year token sale was held between 2017 and 2018, and 90% of it, or 900 million EOS coins, was allocated. The remaining 10%, or 100 million coins, are set aside for rewards, development, and ecosystem growth.

Currently, the circulating supply of EOS coins is approximately 90% of 1 billion, or 900 million coins.

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