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What is the issuance amount of XDC coins?
The XinFin Network's native XDC cryptocurrency has a total issuance amount of 100 billion coins, allocated to various entities such as the public, company, stakers, and advisors.
Nov 20, 2024 at 08:18 am
XinFin Network is a hybrid blockchain platform that combines the best features of public and private blockchains. The platform's native cryptocurrency, XDC, is used to pay for transaction fees, staking, and other network activities.
Issuance Amount of XDC CoinsThe total issuance amount of XDC coins is 100 billion. Of this amount, 50.05% is allocated to the public, 35.1% is allocated to the company, 10% is allocated to staking rewards, and 4.85% is allocated to advisors and team members.
Distribution of XDC CoinsThe distribution of XDC coins is as follows:
- Public: 50.05% (50.05 billion XDC)
- Company: 35.1% (35.1 billion XDC)
- Staking rewards: 10% (10 billion XDC)
- Advisors and team members: 4.85% (4.85 billion XDC)
XDC coins can be used for a variety of purposes, including:
- Paying for transaction fees on the XinFin Network
- Staking to earn rewards
- Participating in governance decisions
- Purchasing goods and services from merchants that accept XDC
XDC coins can be acquired through a variety of methods, including:
- Purchasing them on a cryptocurrency exchange
- Earning them through staking
- Receiving them as payment for goods or services
XDC coins are the native cryptocurrency of the XinFin Network. The total issuance amount of XDC coins is 100 billion. The coins are distributed to the public, the company, stakers, and advisors and team members. XDC coins can be used for a variety of purposes, including paying for transaction fees, staking, participating in governance decisions, and purchasing goods and services.
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