How much is the circulation of Uquid Coin (UQC)?

The current circulating supply of UQC, a self-limiting cryptocurrency with a capped maximum supply of 3.4 billion tokens, stands at approximately 2.9 billion tokens.

Dec 30, 2024 at 09:58 pm

Key Points:

• Uquid Coin (UQC) has a self-limiting supply with a capped maximum circulation of 3.4 billion tokens.
• The current circulating supply of UQC is approximately 2.9 billion tokens.
• The distribution of UQC tokens is as follows: 50% for the ecosystem, 25% for the team, 15% for private sale participants, and 10% for public sale participants.

Circulation Supply of Uquid Coin (UQC)

Uquid Coin (UQC) is a decentralized cryptocurrency built on the Ethereum blockchain. It is designed to facilitate seamless and secure transactions within the Uquid ecosystem, which includes a mobile wallet, payment gateway, and decentralized exchange. To ensure scarcity and value appreciation, UQC has a self-limiting supply with a capped maximum circulation of 3.4 billion tokens.

The current circulating supply of UQC is approximately 2.9 billion tokens. This indicates that a significant portion of the maximum supply has already been released into the market. The remaining supply will be gradually released over time through various mechanisms, such as community rewards, staking incentives, and ecosystem development initiatives.

Distribution of UQC Tokens

The distribution of UQC tokens is designed to ensure fair and equitable distribution among various stakeholders:

• Ecosystem (50%): This portion of tokens is allocated to support the growth and development of the Uquid ecosystem. It is used to fund research and development, market expansion, and community outreach programs.
• Team (25%): This portion of tokens is reserved for the Uquid team, including developers, engineers, and advisors. It serves as a reward for their contributions and ensures the team's commitment to the project's long-term success.
• Private Sale Participants (15%): This portion of tokens was sold to a select group of investors during the private token sale. It provides early-stage funding for the Uquid project and guarantees support from early adopters.
• Public Sale Participants (10%): This portion of tokens was sold to the public during the Initial Coin Offering (ICO). It allows individuals to participate in the growth of the Uquid ecosystem and benefit from its potential appreciation.

FAQs:

• What is the maximum supply of UQC?
  The maximum supply of UQC is 3.4 billion tokens.
• How many UQC tokens are currently in circulation?
  Approximately 2.9 billion UQC tokens are currently in circulation.
• Who controls the distribution of UQC tokens?
  The distribution of UQC tokens is controlled by the Uquid Foundation, an independent entity responsible for overseeing the development and governance of the Uquid ecosystem.
• What factors influence the price of UQC?
  The price of UQC is influenced by factors such as market demand, supply and demand dynamics, cryptocurrency regulations, and the overall performance of the cryptocurrency market.
• Where can I buy or sell UQC?
  UQC is available for trading on various cryptocurrency exchanges, including Binance, KuCoin, and Uniswap.