Home > web3.0 > body text

Is the total amount of klay coins unlimited?

全网都在看
Release: 2024-05-07 13:35:20
Original
343 people have browsed it

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?

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.

The above is the detailed content of Is the total amount of klay coins unlimited?. For more information, please follow other related articles on the PHP Chinese website!

source:php.cn
Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Latest Articles by Author
Popular Tutorials
More>
Latest Downloads
More>
Web Effects
Website Source Code
Website Materials
Front End Template