What is the total circulation of Celestia (TIA) coins?

As of [insert date], the total circulation of Celestia (TIA) coins stands at approximately 188,203,253 tokens, representing the total supply of TIA coins available in the market and held by token holders.

Dec 09, 2024 at 06:36 am

What is the Total Circulation of Celestia (TIA) Coins?

Introduction

Celestia is a modular blockchain network designed to enhance scalability by separating transaction execution from data availability. As such, it has garnered considerable attention in the blockchain domain. One key aspect of understanding Celestia's network dynamics is the total circulation of its native token, TIA. This article delves into the details of TIA's total circulation, providing insights into its supply, emission schedule, and market dynamics.

1. Total Circulation of Celestia (TIA) Coins

The total circulation of Celestia (TIA) coins is the sum of all TIA tokens that have been issued and are currently in circulation. As of [insert date], the total circulation of TIA coins is approximately 188,203,253. This figure represents the total supply of TIA coins that are available in the market and accessible to token holders.

2. Maximum Supply of TIA Coins

Celestia has a maximum supply of 1,000,000,000 TIA coins. This means that the total number of TIA coins that will ever exist is limited to one billion. By设定 a maximum supply, Celestia ensures that the issuance of new coins is controlled and prevents inflation from diluting the value of existing coins.

3. Token Distribution

The initial distribution of TIA coins occurred through a token sale event conducted in 2021. The sale raised funds to support the development and launch of the Celestia network. According to the distribution schedule, the majority of TIA coins were allocated to the following key stakeholders:

• Core Contributors: 25%
• Early Investors: 20%
• Ecosystem Development: 15%
• Seed Sale Participants: 10%
• public Sale Participants: 10%
• Foundation: 20%

4. Emission Schedule

Celestia employs a unique emission schedule for the distribution of TIA coins over time. The emission rate is designed to gradually decrease, ensuring a controlled and sustainable supply of coins in the market. The initial emission rate was set at approximately 5% of the total supply per year and gradually reduces to zero over the lifetime of the network. This emission schedule aims to align token incentives with the long-term growth and adoption of the Celestia network.

5. Market Dynamics

The total circulation of TIA coins plays a crucial role in the market dynamics of the token. A higher total circulation generally indicates a more liquid market and can contribute to price stability. However, factors such as circulating supply relative to demand, adoption of the Celestia network, and overall market sentiments also influence the price of TIA.

Conclusion

The total circulation of Celestia (TIA) coins is a fundamental aspect of its token economics and network dynamics. Understanding the total circulation, maximum supply, token distribution, emission schedule, and market dynamics provides valuable insights into the availability, value, and future growth potential of the TIA token within the Celestia ecosystem.