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ZEC coin issuance price and total issuance volume in one article
Launched in 2016 at an initial issuance price of $5.50 per coin, ZEC's total issuance of 21 million coins is projected to be completed in May 2058.
Nov 05, 2024 at 01:34 pm
ZEC Coin Issuance Price and Total Issuance Volume
1. Issuance Price
Zcash (ZEC) was launched in 2016 with an initial issuance price of $5.50 per coin.
2. Total Issuance Volume
ZEC has a capped total issuance of 21 million coins.
Issuance Schedule:
- Blocks 1-2.1 million: 50 ZEC per block
- Blocks 2.1 million-4.2 million: 37 ZEC per block
- Blocks 4.2 million-6.3 million: 25 ZEC per block
- Blocks 6.3 million-10.5 million: 12.5 ZEC per block
- Blocks 10.5 million onward: 6.25 ZEC per block
Distribution:
- 80% of mined ZEC goes to miners
- 20% of mined ZEC goes to the Zcash Foundation for development and research
Current Supply:
As of August 2023, the circulating supply of ZEC is approximately 14.9 million coins.
Completion of Issuance:
ZEC's total issuance is expected to be completed in May 2058.
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