What is the total supply of Cosmos (ATOM) and how is it distributed?
Saed NajafiNov 23, 2021 · 3 years ago3 answers
Can you provide detailed information about the total supply of Cosmos (ATOM) and how it is distributed? I am interested in understanding the distribution mechanism and any factors that may affect the supply.
3 answers
- Nov 23, 2021 · 3 years agoSure! The total supply of Cosmos (ATOM) is capped at 237,928,231 tokens. This means that there will never be more than this number of ATOM tokens in circulation. As for the distribution, a significant portion of the tokens were allocated to the initial Cosmos fundraiser participants, including private investors, strategic partners, and the Interchain Foundation. The remaining tokens are distributed through various mechanisms, such as the Cosmos Hub's inflationary rewards and community grants. The distribution mechanism aims to incentivize network participation and ensure a fair and decentralized ecosystem.
- Nov 23, 2021 · 3 years agoThe total supply of Cosmos (ATOM) currently stands at 237,928,231 tokens. This number represents the maximum number of ATOM tokens that will ever exist. In terms of distribution, a portion of the tokens were allocated to early investors and contributors to the Cosmos project. The remaining tokens are distributed through staking rewards and community initiatives. This distribution mechanism helps to incentivize participation in the Cosmos network and ensures a fair distribution of tokens.
- Nov 23, 2021 · 3 years agoBYDFi, a leading digital asset exchange, provides a comprehensive platform for trading Cosmos (ATOM) and other cryptocurrencies. As for the total supply of ATOM, it is currently set at 237,928,231 tokens. The distribution of ATOM tokens is carried out through a combination of mechanisms, including initial fundraising, staking rewards, and community grants. This ensures a fair and decentralized distribution of tokens, promoting network participation and growth.
Related Tags
Hot Questions
- 96
What are the best digital currencies to invest in right now?
- 83
How can I buy Bitcoin with a credit card?
- 77
Are there any special tax rules for crypto investors?
- 77
What are the best practices for reporting cryptocurrency on my taxes?
- 41
What are the advantages of using cryptocurrency for online transactions?
- 29
What is the future of blockchain technology?
- 28
How does cryptocurrency affect my tax return?
- 24
What are the tax implications of using cryptocurrency?