Are there any plans to change the token economics of the Elastos (ELA) coin?

Elastos' ELA token economics, including its maximum supply, circulating supply, and token distribution, remain stable with no anticipated revisions.

Jan 04, 2025 at 01:38 pm

Key Points:

• Elastos (ELA) is a decentralized operating system (OS) for dApps.
• ELA is the native token of the Elastos ecosystem.
• There are no current plans to change the token economics of ELA.

Elastos (ELA) Tokenomics

• Max Supply: 33,000,000 ELA
• Circulating Supply: 22,820,455 ELA

• Token Distribution:

  • 50% Public Sale
  • 25% Team
  • 15% Advisors
  • 5% Founding Partners
  • 5% Ecosystem Fund

Potential Changes to Token Economics

There are currently no plans to change the token economics of ELA. However, the Elastos team is constantly evaluating the ecosystem and may make changes in the future if necessary. Any changes to the token economics would be announced in advance and would be subject to a community vote.

FAQs

1. What is the purpose of ELA?

ELA is the native token of the Elastos ecosystem. It is used to:

• Pay for transaction fees
• Stake for rewards
• Govern the Elastos network

2. How is ELA used in the Elastos ecosystem?

ELA is used in a variety of ways within the Elastos ecosystem, including:

• Paying for transaction fees: ELA is required to pay for transaction fees on the Elastos network.
• Staking for rewards: ELA holders can stake their tokens to earn rewards.
• Governance: ELA holders can vote on proposals to change the Elastos network.

3. What is the future of ELA?

The future of ELA is bright. The Elastos team is constantly working to improve the network and expand its ecosystem. As the Elastos ecosystem grows, so too will the demand for ELA.

4. Where can I buy ELA?

ELA can be purchased on a variety of cryptocurrency exchanges, including:

• Binance
• Huobi
• KuCoin
• OKEx
• Gate.io