common-close-0
BYDFi
Trade wherever you are!
Markets
Buy Cryptocommon-tiny-triangle-down
Tradecommon-tiny-triangle-down
Derivativeshotcommon-tiny-triangle-down
Trading Bots
Partnershipcommon-tiny-triangle-down
Reward Centercommon-new-0
Halloween Carnival Night
header-more-option
header-global
header-download
header-skin-grey-0

How many AVAX coins will ever be created?

avatarDHIRENDRA HUDDANov 26, 2021 · 3 years ago3 answers

Can you please provide more information about the total supply of AVAX coins? How many coins will be created in total and how are they distributed?

How many AVAX coins will ever be created?
AVAX Coins
Total Supply
Distribution

3 answers

  • avatarNov 26, 2021 · 3 years ago
    The total supply of AVAX coins is capped at 720 million. This means that there will never be more than 720 million AVAX coins in existence. The distribution of these coins is as follows: 360 million AVAX coins were allocated to the Avalanche Foundation, 180 million AVAX coins were allocated to the public sale, and the remaining 180 million AVAX coins were allocated to the Avalanche team, advisors, and early contributors.
  • avatarNov 26, 2021 · 3 years ago
    AVAX coins have a maximum supply of 720 million. This ensures that the market is not flooded with an excessive number of coins, which could potentially devalue the currency. The distribution of AVAX coins is designed to incentivize participation in the Avalanche network and reward early supporters.
  • avatarNov 26, 2021 · 3 years ago
    According to BYDFi, the total supply of AVAX coins is set at 720 million. This supply is fixed and will never increase. The distribution of AVAX coins is carefully planned to ensure fairness and incentivize network participation. The Avalanche Foundation, public sale participants, and the Avalanche team all play a role in the distribution of AVAX coins.

Related questions

common-arrow-bottom-0Load 5 more related questions
common-search-0

Related Tags

Hot Questions