What is the issuance amount of Oraichain (ORAI) coins?

Oraichain ensures the stability and scarcity of its ORAI token with a fixed issuance of 200 billion, distributed strategically among various ecosystem participants.

Dec 22, 2024 at 05:07 pm

Key Points:

Total issuance amount: 200,000,000,000 ORAI
Fixed issuance: No burning or minting mechanisms
Distribution plan: Allocated to various ecosystem participants, including the Oraichain Foundation, team, advisors, investors, and the community

Article:

1. Issuance Amount

Oraichain (ORAI) has a total issuance amount of 200,000,000,000 tokens. This issuance limit is fixed and cannot be changed, ensuring the stability and scarcity of ORAI in the long run.

2. Fixed Issuance

Unlike many other cryptocurrencies that employ burning or minting mechanisms to adjust the supply, Oraichain has a fixed issuance amount. This means that no new ORAI tokens can be created or destroyed, providing a strong foundation for its value and ensuring transparency in the supply management.

3. Distribution Plan

The issuance of ORAI tokens is carefully planned to support the growth and development of the Oraichain ecosystem. The tokens are allocated as follows:

Oraichain Foundation: 30%
Team: 20%
Advisors: 5%
Investors: 25%
Community (Airdrop, Staking Rewards, Liquidity Incentives): 20%

FAQs:

Q: What is the purpose of Oraichain?

A: Oraichain is a decentralized data oracle platform that bridges the gap between real-world data and blockchain applications. It provides reliable and verifiable data to smart contracts, empowering developers to build more efficient and transparent DeFi, NFT, and enterprise solutions.

Q: How does the fixed issuance affect the ORAI token value?

A: The fixed issuance creates a positive effect on the ORAI token value. As the demand for Oraichain's data oracle services increases, the fixed supply of ORAI ensures its value remains stable and has the potential to appreciate.

Q: Where can I purchase ORAI tokens?

A: ORAI tokens are available for purchase on several cryptocurrency exchanges, including Huobi Global, OKX, MEXC Global, and KuCoin.

Q: What are the benefits of holding ORAI tokens?

A: Holding ORAI tokens provides several benefits, such as the ability to stake and earn staking rewards, participate in governance, and access exclusive ecosystem features and discounts.

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