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How many new iost coins are issued every year?

WBOY
Release： 2024-07-24 12:05:01
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IOST coins are issued 2% more every year. The additional issuance mechanism mainly distributes block rewards to nodes participating in the consensus, with the purpose of motivating miners, supporting ecological development and controlling inflation.

How many new iost coins are issued every year?

IOST coin annual issuance amount

IOST white paper

  • IOST coin issuance is increased by 2% every year.

Additional issuance mechanism

  • Verification nodes: 85%
  • Backup verification nodes: 10%
  • Ecological Foundation: 5%

Purpose

  • Incentivize miners
  • Ecological development
  • Inflation control

Notes

  • The IOST team may adjust the issuance mechanism.

Market Performance

  • As of July 2, 2024, IOST price: 0.0065004306493736 USD
  • 24-hour drop: slight
  • Trading volume: 5166355.6877389 USD

Key technical indicators

  • Total circulation Quantity: 21315000000
  • Maximum supply: unlimited
  • Circulating market value: 138556679.2914 USD

Consensus mechanism

  • Block validator network
  • Environmentally friendly and efficient

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