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What is the circulating supply of Oraichain (ORAI) coins?
The total supply of ORAI coins is 10 billion, with approximately 5.39 billion currently in circulation and the remaining 4.61 billion held in reserve for future use.
Dec 22, 2024 at 12:10 am
Key Points
- Oraichain (ORAI) token supply and metrics
- Total token supply, circulating supply, and locked supply
- Distribution of ORAI tokens
- ORAI token issuance schedule and emission model
Oraichain (ORAI) Token Supply and Metrics
Total Token Supply:
- The total supply of ORAI coins is 10 billion. This is the maximum number of ORAI tokens that will ever be created.
Circulating Supply:
- The circulating supply of ORAI coins is approximately 5.39 billion. This represents the number of ORAI tokens that are currently in circulation and actively traded in the market.
Locked Supply:
- The remaining 4.61 billion ORAI tokens are currently locked. These tokens are held in reserve by the Oraichain Foundation and will be released gradually over time, according to the ORAI token issuance schedule.
Distribution of ORAI Tokens:
The ORAI token distribution is as follows:
- 30% was allocated to the Oraichain team and early investors.
- 50% was sold through public token sales.
- 20% was reserved for future development, partnerships, and other initiatives.
ORAI Token Issuance Schedule and Emission Model:
- ORAI tokens are issued on a regular basis through a process called "emission." Emission allows for the creation of new ORAI tokens to be distributed to node operators, validators, and other participants in the Oraichain network.
- The ORAI emission schedule is designed to gradually reduce the issuance rate over time, which helps to limit the supply of ORAI tokens and maintain its value.
FAQs
What is the maximum supply of ORAI coins?
- The maximum supply of ORAI coins is 10 billion.
How many ORAI coins are currently in circulation?
- Approximately 5.39 billion ORAI coins are currently in circulation.
What is the purpose of the locked ORAI tokens?
- The locked ORAI tokens are held in reserve by the Oraichain Foundation and will be released gradually over time, according to the ORAI token issuance schedule.
What is the emission rate of ORAI tokens?
- The emission rate of ORAI tokens is gradually reduced over time, which helps to limit the supply of ORAI tokens and maintain its value.
How can I earn ORAI tokens?
- You can earn ORAI tokens by participating in the Oraichain network as a node operator, validator, or other contributor.
Is ORAI a good investment?
- The value of ORAI tokens, like any other cryptocurrency, can fluctuate based on market conditions and other factors. As with any investment, research and due diligence are recommended before making any decisions.
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