What is the issuance amount of WAVES coins?

The issuance amount of WAVES coins is set at a maximum of 100,000,000, ensuring the long-term value and stability of the cryptocurrency.

Nov 23, 2024 at 06:45 am

What is the Issuance Amount of WAVES Coins?

WAVES is a proof-of-stake (PoS) blockchain platform that enables developers to create and launch decentralized applications (dApps) and custom tokens. The platform's native cryptocurrency, WAVES, is used to pay transaction fees and for staking.

Issuance Amount of WAVES Coins

The total issuance amount of WAVES coins is capped at 100,000,000.

Token Distribution

The distribution of WAVES coins is as follows:

50% - Miners (Proof-of-Stake)
30% - Founding team and early investors
20% - WAVES Development Fund

Token Sale

WAVES held a token sale in early 2016, where it raised approximately $16 million. The token sale price was $0.15 per WAVES.

Staking WAVES

WAVES holders can earn rewards by staking their coins. Staking involves locking up WAVES coins in a proof-of-stake (PoS) wallet for a certain period of time. The rewards for staking WAVES are generated through the block validation process and are proportional to the amount of coins staked.

Tokenomics

The tokenomics of WAVES are designed to incentivize staking and to support the long-term growth of the platform. By staking WAVES, holders can earn passive income and contribute to the security and decentralization of the network. The limited issuance amount of WAVES also helps to ensure the long-term value of the coin.

Conclusion

WAVES is a promising blockchain platform with a strong team and a solid foundation. The platform's native cryptocurrency, WAVES, is used for staking and for paying transaction fees. The total issuance amount of WAVES coins is capped at 100,000,000, and the coin is distributed through mining (PoS), the founding team and early investors, and the WAVES Development Fund.

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