What is the total supply of Astar Coin?
Can you please provide more information about the total supply of Astar Coin? I'm interested in knowing the maximum number of coins that will ever be in circulation and how the distribution of coins is managed.
3 answers
- Russo FranksMar 30, 2024 · 2 years agoThe total supply of Astar Coin is capped at 100 million coins. This means that there will never be more than 100 million Astar Coins in circulation. The distribution of coins is managed through a combination of mining and token sales. The initial supply was distributed through a private sale and a public sale, and additional coins are created through a proof-of-work mining process. As more coins are mined, the total supply gradually increases until it reaches the maximum cap of 100 million coins.
- Rhys JohnstonMay 25, 2022 · 4 years agoAstar Coin has a fixed total supply of 100 million coins. This means that there will never be more than 100 million Astar Coins in existence. The distribution of coins is managed through a combination of mining and token sales. The initial supply was distributed through a private sale and a public sale, and additional coins are created through a proof-of-work mining process. The total supply gradually increases as more coins are mined, but it will never exceed the maximum cap of 100 million coins.
- McCulloch CrossDec 18, 2022 · 3 years agoThe total supply of Astar Coin is set at 100 million coins. This ensures that there is a limited number of coins available, which can help maintain the value of the currency. The distribution of coins is managed by the Astar Coin team, who oversee the mining process and token sales. As more coins are mined, the total supply increases, but it will never exceed the maximum cap of 100 million coins. This ensures that the supply remains scarce, which can be beneficial for investors and holders of Astar Coin.
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