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How much is the Oraichain (ORAI) currency issued?

The initial maximum supply of ORAI, the native token of the Oraichain ecosystem, was set at 1 billion, with a circulating supply of approximately 350 million tokens as of writing.

Dec 23, 2024 at 09:10 pm

Key Points:
  • Understanding Oraichain (ORAI): An overview of the purpose, use cases, and key features of the project.
  • Tokenomics of ORAI: A comprehensive analysis of the token issuance, distribution, and supply dynamics.
  • How to Acquire ORAI: A detailed guide on how to obtain ORAI through different channels.
  • Storing ORAI Safely: Best practices for securing ORAI holdings in various storage options.
  • Trading ORAI on Exchanges: An exploration of the trading platforms available for ORAI and how to buy and sell it.
  • Investing in ORAI: Considerations: Factors to consider before investing in ORAI, potential risks, and investment strategies.
How Much Is Oraichain (ORAI) Currency Issued?Tokenomics of ORAI:
  • ORAI is the native token of the Oraichain ecosystem, used primarily for network fees, staking, and governance.
  • Initially, a maximum supply of 1 billion ORAI was created.
  • Over time, a proportion of this supply has been allocated to various use cases, including:
  • Foundation Reserve: 40%, allocated for long-term development and ecosystem growth.
  • Team: 15%, vested over four years to reward early contributors.
  • Advisors: 5%, vested over three years to compensate strategic partners.
  • Community Pool: 20%, distributed to the community through incentives and rewards.
  • Ecosystem: 10%, reserved for collaborations, partnerships, and business development.
  • Public Sale: 5%, offered to the public through private and public sales.
  • As of writing, the circulating supply of ORAI is approximately 350 million tokens, with a market capitalization exceeding $500 million.
  • The token economics are designed to ensure a balance between value creation, liquidity, and long-term sustainability for the Oraichain ecosystem.
FAQs:Q: How can I buy ORAI?
  • ORAI can be purchased through various centralized and decentralized exchanges, such as Binance, KuCoin, and Uniswap.
Q: Where should I store ORAI?
  • ORAI can be stored in hardware wallets like Ledger and Trezor, as well as software wallets such as MetaMask, Trust Wallet, and the Oraichain Wallet.
Q: What are the potential risks of investing in ORAI?
  • Like all crypto assets, ORAI's value can fluctuate significantly, influenced by market conditions, project developments, and regulatory uncertainties.
Q: How does Oraichain differentiate itself from other projects?
  • Oraichain focuses on providing a decentralized, trusted, and scalable solution for data oracles, enabling the secure integration of real-world data into smart contracts.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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