Is the total amount of klay coins unlimited?
No, the total supply of Klay coins is 10 billion, which has been distributed according to a preset ratio. Its fixed supply is designed to keep value stable, prevent inflation, and enhance its value as a store of value.
Is the total amount of Klay coins unlimited?
Answer: No
Details:
Klay Coin is a digital currency with a fixed supply currency, unlike other cryptocurrencies such as Bitcoin and Ethereum. The total supply of Klay coins is:
- 10 billion KLAY
These KLAYs have been allocated according to the following:
- Initial distribution : 37%
- Network operations: 20%
- Ecosystem support: 14%
- Klaytn Growth Fund: 10%
- Partners and Private Placements: 9%
- Krust (Rewards Program): 6%
- Team and Advisors: 4%
The fixed supply of Klay coins is to ensure the stability of its value and prevent inflation. By limiting the creation of the token, Klay Coin maintains scarcity and increases its value as a store of value.
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