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How much is the circulation of Zeebu (ZBU) coins?
As of March 8, 2023, the circulating supply of Zeebu (ZBU) coins is approximately 200 million, subject to constant adjustments due to minting, burning, staking, and trading activities.
Dec 07, 2024 at 05:46 pm
How Much is the Circulation of Zeebu (ZBU) Coins?
Circulation of Zeebu (ZBU) Coins
Zeebu (ZBU) is a cryptocurrency that runs on the Binance Smart Chain (BSC) blockchain. It is a decentralized finance (DeFi) token that is used to reward users for providing liquidity to the ZeebuSwap decentralized exchange (DEX).
The circulation of ZBU coins is constantly changing as new coins are minted and existing coins are burned. However, as of March 8, 2023, the circulating supply of ZBU coins is approximately 200 million.
Factors Affecting the Circulation of ZBU Coins
Several factors can affect the circulation of ZBU coins, including:
- Minting: New ZBU coins are minted when users provide liquidity to the ZeebuSwap DEX. The amount of ZBU coins minted is determined by the amount of liquidity provided and the duration of the liquidity provision.
- Burning: ZBU coins are burned when they are used to pay for transaction fees on the ZeebuSwap DEX. The amount of ZBU coins burned is determined by the size of the transaction fee.
- Staking: ZBU coins can be staked on the ZeebuSwap DEX to earn rewards. Staked ZBU coins are not counted in the circulating supply.
- Trading: ZBU coins can be traded on various cryptocurrency exchanges. The price of ZBU coins is determined by the supply and demand for the coin.
Conclusion
The circulation of ZBU coins is a dynamic variable that is constantly changing. Several factors can affect the circulation of ZBU coins, including minting, burning, staking, and trading.
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