common-close-0
BYDFi
Trade wherever you are!

What is the maximum supply of Cosmos?

avatarAkash M.VDec 16, 2021 · 3 years ago3 answers

Can you please provide me with the details about the maximum supply of Cosmos? I am curious to know the total number of Cosmos tokens that will ever exist.

What is the maximum supply of Cosmos?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    The maximum supply of Cosmos (ATOM) is capped at 236,000,000 tokens. This means that there will never be more than 236 million ATOM tokens in existence. The initial distribution of ATOM tokens was done through a fundraising event called an Initial Coin Offering (ICO), where investors could purchase tokens in exchange for other cryptocurrencies like Bitcoin or Ethereum. The maximum supply is an important factor to consider when evaluating the potential value of a cryptocurrency.
  • avatarDec 16, 2021 · 3 years ago
    Cosmos has a maximum supply of 236 million ATOM tokens. This limit ensures that the supply of ATOM tokens remains finite, which can have a positive impact on its value over time. It is important to note that the maximum supply does not mean that all the tokens are currently in circulation. The tokens are gradually released into the market through various mechanisms, including staking rewards and network inflation. Understanding the maximum supply of a cryptocurrency can help investors assess its scarcity and potential for long-term growth.
  • avatarDec 16, 2021 · 3 years ago
    The maximum supply of Cosmos (ATOM) is set at 236 million tokens. This limit is designed to create scarcity and maintain the value of the cryptocurrency. As of now, a significant portion of the maximum supply is already in circulation. However, it's important to note that the actual circulating supply may be lower than the maximum supply due to factors such as lost or locked-up tokens. Cosmos aims to create an interoperable network of blockchains, and the maximum supply of ATOM tokens plays a crucial role in incentivizing network participants and securing the ecosystem.