What is the total supply of Litentry LIT coins?

With a fixed total supply of 248,468,500 coins, Litentry offers an immutable value proposition for its utility token, LIT.

Dec 30, 2024 at 06:00 pm

Key Points:

• Total supply of LIT coins: 248,468,500
• Max supply of LIT coins: N/A

Total Supply of Litentry LIT Coins

Litentry is a decentralized identity aggregation protocol that allows users to manage their digital identities and data across different platforms and applications. The protocol's native token, LIT, is used for governance, staking, and paying for services within the Litentry ecosystem.

The total supply of LIT coins is 248,468,500. This number represents the total amount of LIT coins that have been created and are currently in circulation. The total supply is fixed and will not increase over time.

Max Supply of Litentry LIT Coins

Unlike some other cryptocurrencies, Litentry does not have a maximum supply. This means that the total supply of LIT coins can increase in the future if the Litentry team decides to issue more coins. However, there are currently no plans to increase the total supply.

FAQs

• What is the use case of LIT coins?

  • LIT coins are used for governance, staking, and paying for services within the Litentry ecosystem.

• Where can I buy LIT coins?

  • LIT coins can be purchased on several cryptocurrency exchanges, including Binance, Huobi, and OKEx.

• What is the future of LIT coins?

  • The future of LIT coins depends on the success of the Litentry protocol. If the protocol is widely adopted, the demand for LIT coins is likely to increase.