Understand the DASH coin issuance price and total issuance in one article

The DASH ICO launched in January 2014 with an issuance price of $0.15 per coin, establishing a maximum supply of 18,900,000 DASH.

Oct 08, 2024 at 02:30 pm

Understanding the DASH Coin Issuance Price and Total Issuance

1. Issuance Price

• The DASH coin was launched in January 2014 via an Initial Coin Offering (ICO).
• The ICO price was set at $0.15 per DASH.

2. Total Issuance

• The DASH network has a pre-defined maximum supply of 18,900,000 DASH coins.
• This supply limit ensures scarcity and potential value appreciation over time.

3. Emission Schedule

• The DASH issuance is designed to follow a predefined emission schedule, which gradually reduces the number of coins released with each block.
• Initially, 10 DASH coins were generated per block, but this rate decreases over time.

4. Block Reward Halving

• Every 210,240 blocks (approximately every 3.6 years), the block reward rate is halved.
• This mechanism helps control inflation and maintains the scarcity of DASH coins.

5. Current Block and Block Reward

• As of [insert date], DASH is on block 1,374,911.
• The current block reward is 1.64 DASH.

6. Total Issued Coins

• To date, approximately 10,973,286 DASH coins have been issued, which is about 58% of the total supply.

Conclusion

The DASH issuance price and total issuance play a vital role in understanding its monetary policy and potential value. The pre-defined issuance limit, emission schedule, and block reward halving mechanisms aim to ensure scarcity, control inflation, and promote long-term value appreciation for DASH holders.