The total circulation of dot Polkadot coins
The current total circulation of DOT is 103 million, and the total issuance is expected to be 1.2 billion. Total circulating supply increases with minting, staking, and governance activities, is affected by token minting, staking, and governance, and is a key metric for evaluating DOT economics and market dynamics.
dotTotal circulating amount of Polkadot
Total circulating amount:
The current total circulating supply of DOT is 103 million DOT.
Total issuance:
The total issuance of DOT is expected to be 1.2 billion DOT.
Detailed description:
The total circulating amount of DOT refers to the number of tokens circulating in the market, excluding tokens that have not yet been released or pledged. The total circulating supply of DOT increases over time as it is minted for bidding on slots, paying transaction fees, and as a governance token.
The total issuance of DOT is limited and defined by the Polkadot protocol. It is designed to be released gradually over time to control the inflation rate of DOT.
Influencing factors:
The total circulating amount of DOT is affected by the following factors:
- Minting: When won New DOT is minted when bidding for slots or used for other purposes.
- Staking: DOT holders can earn rewards by staking their tokens, which removes the tokens from circulation.
- Governance: DOT holders can vote on major changes to the protocol, which may affect the total supply of DOT.
Importance:
Understanding the total amount of DOT in circulation is crucial to understanding its economics and market dynamics. It can help investors evaluate the value and scarcity of DOT and predict its future price performance.
The above is the detailed content of The total circulation of dot Polkadot coins. For more information, please follow other related articles on the PHP Chinese website!
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!
Hot Article
Hot Tools
Notepad++7.3.1
Easy-to-use and free code editor
SublimeText3 Chinese version
Chinese version, very easy to use
Zend Studio 13.0.1
Powerful PHP integrated development environment
Dreamweaver CS6
Visual web development tools
SublimeText3 Mac version
God-level code editing software (SublimeText3)
Hot Topics
1387
52
Detailed introduction to the leading coins of each track in the currency circle in 2024
Feb 04, 2024 am 10:18 AM
As the earliest virtual currency, Bitcoin has always been one of the most promising currencies on the market. Ethereum is an open source public blockchain platform with smart contract functionality. It handles peer-to-peer contracts with the decentralized Ethereum Virtual Machine via Ethereum. Polkadot is a decentralized cryptocurrency that provides a safe, reliable, and efficient way to transfer value. Solana is a blockchain-based digital currency that enables safe, reliable and efficient value transfer through a decentralized network. Ripple is a digital currency that provides cross-border payment solutions through a decentralized network, which is efficient, reliable and low-cost. In the currency circle, there are countless opportunities, but to seize them, you need to prepare in advance. First of all, understand the leading coins in each track of the currency circle and choose the cryptocurrency investment that suits you.
How much does Polkadot cost initially?
Apr 25, 2024 pm 03:53 PM
Polkadot originally sold for $2.98 on August 20, 2020, offering 100 DOT per coin. As of February 15, 2023, Polkadot’s price was $6.05, with a market cap of over $6 billion. Factors affecting the price of Polkadot include cryptocurrency market trends, the development of the Polkadot blockchain, the utility of Polkadot, the regulatory environment and institutional interest.
The total circulation of dot Polkadot coins
Apr 25, 2024 pm 02:01 PM
The current total circulation of DOT is 103 million, and the total issuance is expected to be 1.2 billion. Total circulating supply increases with minting, staking, and governance activities, is affected by token minting, staking, and governance, and is a key metric for evaluating DOT economics and market dynamics.
What is Polkadot? How does Polkadot work?
Mar 15, 2024 pm 06:49 PM
Polkadot: The future of cross-chain interoperability Polkadot (DOT) is a cryptocurrency designed to enable connectivity and cross-chain interoperability between multiple blockchains. This token was initiated and supported by Parity Technologies as the primary digital asset of the Polkadot network. The working principle of Polkadot is based on the concept of relay chain. The relay chain is a core chain that achieves its functionality by connecting to multiple independent parachains. These parachains can host a variety of different applications and protocols and have their own governance and consensus mechanisms. Polkadot plays several key roles in the Polkadot network: Governance: DOT holders can influence network decisions by participating in governance voting. Staking: DOT can be staked to secure the network and earn rewards. transaction fee
How to calculate the price of Polkadot after the split?
Apr 25, 2024 pm 01:52 PM
The calculation method for the post-split price of Polkadot is: post-split price = pre-split price/split ratio. For example, if the split ratio is 1:100, the price of Polkadot after the split will be 1% of the price before the split. The Polkadot split will not change the total value of the tokens, but is intended to improve the accessibility and liquidity of the tokens.
Will Polkadot rise in 2024? Will it go up to $50?
Feb 28, 2024 pm 10:40 PM
Will Polkadot rise in 2024? Will it go up to $50? Text Polkadot (DOT) is a next-generation blockchain protocol built on the Substrate framework, aiming to solve the challenges of the blockchain industry and provide cross-chain interoperability and scalability. Since its launch, Polkadot has attracted much attention and is considered one of the most promising projects in the cryptocurrency market. Polkadot's innovative technology and open ecosystem have attracted many developers and investors, bringing new possibilities to the development of the blockchain industry. So, will Polkadot rise in 2024? Will it go up to $50? Support for technological development and project progress Polkadot has strong technical support and innovative project progress behind it. The Polkadot team has been committed to building a secure, scalable, and sustainable development
How to check the market value of Polkadot?
Feb 28, 2024 pm 03:20 PM
How to check the market value of Polkadot? Polkadot (DOT) is the main digital asset of the Polkadot network and was released in August 2020. The Polkadot Network is a heterogeneous multi-chain network that connects multiple blockchains and is designed to facilitate cross-chain communication and interoperability. The market capitalization of Polkadot refers to the total value of all Polkadot coins in circulation, and it is considered an important indicator to assess the popularity and importance of Polkadot coins in the market. Steps to check the market value of Polkadot: Choose a reliable website or platform: There are many websites and platforms that provide cryptocurrency market value information, such as CoinMarketCap, CoinGecko, Feixiao, etc. It is important to choose a reliable website or platform to ensure you are getting accurate information. Search for Polkadot: Search for DOT or on the website or platform
Is Polkadot worth holding for the long term? Is Polkadot worth investing in?
Feb 23, 2024 pm 06:52 PM
Is Polkadot worth holding for the long term? Is Polkadot worth investing in? Polkadot (DOT) is a blockchain protocol built on the Substrate framework. Its goal is to promote cross-chain interoperability between different blockchain networks. The Web3 Foundation created Polkadot in 2016 with the aim of building a scalable, secure and interoperable blockchain network. Polkadot's design enables different blockchains to be connected to each other, allowing for more efficient data transmission and asset exchange. This cross-chain interoperability brings greater flexibility and sustainability to the blockchain industry, while also providing developers with more room for innovation. Through Polkadot’s infrastructure, users can more easily create and Polkadot’s advantages Cross-chain interoperability: one of Polkadot’s main advantages