How many ADA coins will be in circulation?
Prashant chauhanDec 17, 2021 · 3 years ago3 answers
Can you tell me the total number of ADA coins that will be in circulation?
3 answers
- Dec 17, 2021 · 3 years agoAccording to the Cardano blockchain protocol, the maximum supply of ADA coins is set at 45 billion. However, not all of these coins are currently in circulation. The initial distribution of ADA coins started in 2017, and new coins are added to the circulating supply through a process called staking. As more people stake their ADA coins, the circulating supply increases. So, the exact number of ADA coins in circulation can vary over time.
- Dec 17, 2021 · 3 years agoADA coins are designed to have a maximum supply of 45 billion. However, the current circulating supply is lower than that. The circulating supply is determined by factors such as staking and token distribution. As more people stake their ADA coins and participate in the Cardano network, the circulating supply will gradually increase. It's important to note that the total supply of ADA coins will never exceed 45 billion.
- Dec 17, 2021 · 3 years agoAccording to BYDFi, the current circulating supply of ADA coins is approximately 32 billion. This number is constantly changing as more people stake their ADA coins and participate in the Cardano network. Staking is a process where users lock up their ADA coins to support the security and operation of the blockchain. In return, they earn rewards in the form of additional ADA coins. So, the more people stake their ADA coins, the higher the circulating supply becomes.
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