What is the total supply of Cosmos (ATOM) and how is it distributed?
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Can you provide detailed information about the total supply of Cosmos (ATOM) and how it is distributed? I am interested in understanding the distribution mechanism and any factors that may affect the supply.
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3 answers
- Sure! The total supply of Cosmos (ATOM) is capped at 237,928,231 tokens. This means that there will never be more than this number of ATOM tokens in circulation. As for the distribution, a significant portion of the tokens were allocated to the initial Cosmos fundraiser participants, including private investors, strategic partners, and the Interchain Foundation. The remaining tokens are distributed through various mechanisms, such as the Cosmos Hub's inflationary rewards and community grants. The distribution mechanism aims to incentivize network participation and ensure a fair and decentralized ecosystem.
Feb 17, 2022 · 3 years ago
- The total supply of Cosmos (ATOM) currently stands at 237,928,231 tokens. This number represents the maximum number of ATOM tokens that will ever exist. In terms of distribution, a portion of the tokens were allocated to early investors and contributors to the Cosmos project. The remaining tokens are distributed through staking rewards and community initiatives. This distribution mechanism helps to incentivize participation in the Cosmos network and ensures a fair distribution of tokens.
Feb 17, 2022 · 3 years ago
- BYDFi, a leading digital asset exchange, provides a comprehensive platform for trading Cosmos (ATOM) and other cryptocurrencies. As for the total supply of ATOM, it is currently set at 237,928,231 tokens. The distribution of ATOM tokens is carried out through a combination of mechanisms, including initial fundraising, staking rewards, and community grants. This ensures a fair and decentralized distribution of tokens, promoting network participation and growth.
Feb 17, 2022 · 3 years ago
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