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What is the issuance amount of WINkLink (WIN) coins?
WINkLink (WIN) exists in a fixed issuance amount of 100 billion coins, with 65 billion generated during its Genesis block and 35 billion set aside for future ecosystem development.
Dec 16, 2024 at 09:23 am
What is the issuance amount of WINkLink (WIN) coins?
WINkLink (WIN) is a decentralized oracle network that provides secure and reliable data to blockchain applications. The network is powered by a native token, also called WIN, which is used to incentivize node operators and pay for transaction fees.
The total issuance amount of WIN coins is 100 billion. Out of this, 65 billion WIN tokens were created during the Genesis block, and the remaining 35 billion are reserved for future ecosystem development, marketing, and community incentives.
Key Features of WINkLink (WIN):
- Decentralized: WINkLink is a fully decentralized network, meaning that it is not controlled by any single entity. Instead, the network is maintained by a global network of independent node operators.
- Secure: WINkLink uses a variety of security measures to protect the integrity of its data, including encryption, multi-factor authentication, and fraud detection systems.
- Reliable: WINkLink's data is sourced from multiple independent providers, which helps to ensure the accuracy and reliability of the data.
- Cost-effective: WINkLink's transaction fees are very low, making it an affordable option for developers and users.
- Versatile: WINkLink can be used to provide data for a wide variety of blockchain applications, including DeFi, NFTs, and gaming.
Use Cases of WINkLink (WIN):
WINkLink can be used in a variety of blockchain applications, including:
- DeFi: WINkLink can be used to provide decentralized price feeds for DeFi applications, such as lending protocols and decentralized exchanges.
- NFTs: WINkLink can be used to verify the authenticity of NFTs and provide data about their ownership history.
- Gaming: WINkLink can be used to provide random numbers for gaming applications, such as blockchain-based casinos.
- Insurance: WINkLink can be used to provide data for insurance applications, such as weather data for crop insurance or flight data for travel insurance.
Conclusion:
WINkLink is a decentralized oracle network that provides secure and reliable data to blockchain applications. The network is powered by a native token, also called WIN, which is used to incentivize node operators and pay for transaction fees. The total issuance amount of WIN coins is 100 billion. WINkLink can be used in a variety of blockchain applications, including DeFi, NFTs, gaming, and insurance.
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