What is the issuance amount of Alkimi (ADS) coins?

Alkimi's (ADS) coin distribution includes a 15% allocation to the team, 35% to investors, 20% to the public sale, and 20% for staking rewards.

Dec 27, 2024 at 10:52 am

Exploring the Issuance Amount and Key Points of Alkimi (ADS) Coins

Key Points:

• Issuance Amount: Explore the total supply and circulating supply of ADS coins.
• Distribution: Delve into the allocation of ADS coins among various stakeholders.
• Unlock Schedule: Uncover the release schedule and vesting periods for ADS coins.
• Token Utility: Examine the use cases and applications of ADS coins within the Alkimi ecosystem.
• Value Proposition: Assess the value and potential of ADS coins in the cryptocurrency market.

Issuance Amount

The total supply of Alkimi (ADS) coins is 1,000,000,000. The current circulating supply is approximately 179,033,273 ADS, as of January 2023. This means that a significant majority of ADS coins remain uncirculated and are held by various stakeholders.

Distribution

The distribution of ADS coins is divided among the following entities:

• Team: 15% (150,000,000 ADS)
• Investors: 35% (350,000,000 ADS)
• Foundation: 10% (100,000,000 ADS)
• Public Sale: 20% (200,000,000 ADS)
• Staking Rewards: 20% (200,000,000 ADS)

Unlock Schedule

The majority of ADS coins are subject to vesting periods. The release schedule is as follows:

• Team: 2-year lock-up period, followed by monthly unlocks over 12 months.
• Investors: 6-month lock-up period, followed by monthly unlocks over 18 months.
• Foundation: No lock-up period, but a maximum of 5% of the total supply can be released each year.
• Staking Rewards: Released continuously based on the amount of ADS staked.

Token Utility

ADS coins play a vital role within the Alkimi ecosystem:

• Governance: ADS holders can participate in on-chain governance by voting on platform upgrades and protocol changes.
• Staking: Users can stake ADS to secure the Alkimi network and earn rewards in the form of additional ADS coins.
• Transaction Fees: ADS coins are used to pay transaction fees on the Alkimi network.
• Access to Services: ADS holders can leverage their tokens to access premium features and services within the Alkimi ecosystem.

Value Proposition

ADS coins offer several value propositions for investors:

• High-Yield Staking: Staking ADS can provide attractive returns through the distribution of newly minted coins.
• Governance Rights: Token holders have a direct say in the future development and direction of the Alkimi platform.
• Utility Value: ADS coins are essential for accessing essential services and participating in key activities within the Alkimi ecosystem.
• Scarcity: The limited supply of ADS coins could contribute to potential price appreciation in the long term.

FAQs

Q: What is the purpose of the Alkimi platform?
A: The Alkimi platform is a decentralized exchange (DEX) that focuses on providing users with optimized token swaps and high-yield staking opportunities.

Q: Where can I purchase ADS coins?
A: ADS coins can be purchased on various cryptocurrency exchanges, including Binance, Bittrex, and Huobi.

Q: How can I stake ADS coins?
A: You can stake ADS coins using the Alkimi wallet or through supported staking platforms.

Q: What is the future potential of ADS coins?
A: The future value and potential of ADS coins will depend on various factors, such as the adoption and growth of the Alkimi platform, market conditions, and the overall cryptocurrency landscape.