Understand the issuance price and total issuance of STX coins in one article

During its 2019 ICO, each Stacks (STX) coin was initially offered at $0.09, with a total issuance capped at 3,163,985,922 coins.

Oct 01, 2024 at 09:05 pm

1. Understanding the Issuance Price of STX Coins

The issuance price of STX coins refers to the initial price at which they were offered to the public during their initial coin offering (ICO).

During the STX ICO held in 2019, each STX coin was offered at a price of $0.09.

2. Total Issuance of STX Coins

The total issuance of STX coins refers to the maximum number of coins that will ever be created. This supply is capped and pre-determined to maintain scarcity and influence its market value.

The total issuance of STX coins is capped at 3,163,985,922.

3. Distribution of STX Coins

Upon the ICO, the distribution of STX coins was as follows:

15% (474,597,888 STX) allocated to token sale
10% (316,398,592 STX) allocated to the team
10% (316,398,592 STX) allocated to advisors and investors
37.5% (1,186,994,649 STX) allocated to the community through staking and mining
27.5% (871,796,600 STX) allocated as a long-term reserve

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