What is the total supply of StaFi (FIS) coins?

StaFi's total supply of 460,661,604 FIS coins is distributed through a token generation event (54%), bonding (26%), team & advisors (11%), community building (5%), and public sale (4%).

Jan 05, 2025 at 09:34 pm

Key Points:

• Total Supply: 460,661,604 FIS
• Initial Supply: 285,516,828 FIS
• Distribution:Token generation event (54%), Bonding (26%), Team & Advisors (11%), Community Building (5%), Public Sale (4%)

Total Supply of StaFi (FIS) Coins:

The total supply of StaFi (FIS) coins is 460,661,604 FIS. This figure represents the maximum number of FIS coins that will ever be created and released into the market.

StaFi's total supply is distributed as follows:

• Token generation event: 54%
• Bonding: 26%
• Team & Advisors: 11%
• Community Building: 5%
• Public Sale: 4%

The token generation event occurred on December 2, 2021, and the initial supply of 285,516,828 FIS was released. The remaining tokens will be gradually released over time through the various distribution mechanisms mentioned above.

FAQ:

Q: What is the purpose of the token generation event?
A: The token generation event was held to raise funds for the development of the StaFi ecosystem.

Q: What is Bonding?
A: Bonding is a staking mechanism that allows FIS token holders to earn rewards by staking their tokens on the StaFi platform. They can stake their tokens, generate synthetic assets (rTokens) on StaFi and bond them on StaFi or integrate with other DeFi projects.

Q: What is the role of the Team & Advisors?
A: StaFi's team of experienced professionals and advisors provides strategic guidance and technical expertise and are responsible for the long-term success of the project.