How many document coins are there in total?

Filecoin has a total of 2,000,000,000 tokens, and the issuance distribution is as follows: Mining rewards (70%) Investors and teams (20%) Filecoin Foundation (10%) FIL tokens are used to pay storage and retrieval fees, pledge to participate in governance, and Incentivize miners.

How many tokens are there in Filecoin?

Filecoin is a blockchain-based decentralized file storage network that uses FIL as its native token. The total circulation of Filecoin is 2,000,000,000 FIL.

Issue distribution

Filecoin’s token distribution is as follows:

• Mining rewards (70%):Rewards To miners who provide storage and retrieval services to the network.
• Investors and Team (20%): Allocated to early investors and team members involved in the development and launch of Filecoin.
• Filecoin Foundation (10%): Reserved to support the long-term development of the Filecoin network.

Token Purpose

FIL tokens are used to:

• Pay miners to store and retrieve data.
• Stake to participate in the governance of the Filecoin network.
• Incentivize miners to keep the network honest and efficient.

Circulating Supply

The circulating supply of Filecoin will gradually increase over time as it is distributed to miners as rewards. As of March 2023, the circulating supply is approximately 325 million FIL.

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