What is the issue price of UMA coins? Introduction to the issue price and issue quantity of UMA coins

Unlike most cryptocurrencies, UMA coins did not have an issue price due to not being sold through an initial coin offering (ICO), and the initial supply remains unchanged at 100,000,000 tokens.

Oct 12, 2024 at 04:29 pm

Understanding the Issue Price and Quantity of UMA Coins

1. Issue Price:

The issue price of UMA coins refers to the price at which they were initially sold to investors during the initial coin offering (ICO). However, since UMA coins were not offered through an ICO, they do not have an official issue price.

2. Issue Quantity:

The issue quantity of UMA coins represents the total number of coins created at the time of the project's launch. For UMA, the initial supply was 100,000,000 tokens.

3. Subsequent Issuance:

After the initial distribution, the UMA project has not issued any additional coins. Therefore, the total supply remains unchanged at 100,000,000 UMA coins.

Conclusion:

Unlike many other cryptocurrencies, UMA coins did not have an official issue price as they were not sold through an ICO. The initial supply of UMA coins was set at 100,000,000 tokens, and no additional coins have been issued since then.

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