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How many one coins are issued?

Jul 08, 2024 pm 04:55 PM
Blockchain

How many one coins are issued?

The total issuance of ONE coins is 12.6 billion, distributed as follows: Initial issuance: 2.24 billion Reserves: 6.43 billion Community Growth Pool: 1.61 billion Team Retention: 640 million Ecosystem Fund: 1.44 billion

Total ONE coin issuance

ONE coin, also known as Harmony, is a blockchain platform based on sharding technology. Its total issuance is 12.6 billion, and the specific distribution is as follows:

Initial issuance:

  • 2.24 billion (17.8%)

Reserve:

  • 6.43 billion (51.1%)
  • Used to support ecosystem development and reward developers.

Community Growth Pool:

  • 1.61 billion (12.9%)
  • used to fund community proposals and projects.

Team retention:

  • 640 million (5.1%)
  • used to support the long-term development of the team.

Ecosystem Fund:

  • 1.44 billion (11.5%)
  • used to promote the adoption and development of ONE Coin.

Issuance schedule:

The initial issuance of ONE coin was launched on June 18, 2019, and the remainder will be released in phases over the next few years. The reserve will be released at a rate of approximately 15% per year, and the community growth pool will be released at a rate of approximately 3% per year.

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