-
Bitcoin $84,282.6256
0.50% - Ethereum
$1,926.0565
0.43% - Tether USDt
$1.0000
0.00% - XRP
$2.3826
-0.57% - BNB
$605.2306
2.48% - Solana
$134.6596
1.27% - USDC
$0.9999
-0.01% - Dogecoin
$0.1755
1.92% - Cardano
$0.7397
0.62% - TRON
$0.2192
-0.86% - Pi
$1.4969
3.98% - Chainlink
$14.1539
2.57% - UNUS SED LEO
$9.8189
0.12% - Toncoin
$3.4755
19.13% - Stellar
$0.2730
-0.08% - Hedera
$0.1925
0.36% - Avalanche
$19.3713
3.85% - Shiba Inu
$0.0...01311
2.99% - Sui
$2.3375
-0.30% - Litecoin
$92.1833
0.61% - Bitcoin Cash
$339.2808
1.33% - Polkadot
$4.3167
1.34% - MANTRA
$6.6322
4.33% - Ethena USDe
$0.9998
0.00% - Dai
$1.0001
0.01% - Bitget Token
$4.4690
1.27% - Hyperliquid
$13.8117
-4.08% - Monero
$212.3911
1.09% - Uniswap
$6.2760
2.95% - Aptos
$5.3301
0.84%
What is the issuance and circulation of LINK coins?
As of March 8, 2023, only about 46% of the initial 1 billion LINK tokens have entered circulation, indicating a controlled and strategic issuance process for the Chainlink network.
Oct 22, 2024 at 09:12 am
1. Initial Issuance:
- July 18, 2017: LINK tokens (then known as ERC-667 tokens) were initially released during the Chainlink mainnet launch.
- Initial supply: 1 billion LINK tokens.
2. Circulation:
- August 2017: LINK tokens were listed on various cryptocurrency exchanges, making them publicly available for trading.
- Ongoing: LINK tokens continue to be issued over time to reward node operators and developers who contribute to the Chainlink network.
3. Supply Distribution:
The initial distribution of LINK tokens was as follows:
- 32%: Distributed to the Chainlink team and early investors.
- 30%: Reserved for future issuance as network rewards.
- 38%: Sold through the token sale.
4. Current Circulation:
As of March 8, 2023, the circulating supply of LINK tokens is approximately 467.8 million. This represents just over 46% of the initial supply of 1 billion tokens.
5. Impact on Tokenomics:
The issuance and circulation of LINK coins play a crucial role in the tokenomics of the Chainlink network:
- Network Security: LINK tokens are used to reward node operators who provide data and oracle services, ensuring the security and reliability of the network.
- Ecosystem Growth: The ongoing issuance of LINK tokens through network rewards encourages developers and users to participate in the Chainlink ecosystem.
- Value Capture: LINK token holders have a vested interest in the growth and success of the Chainlink network, as the value of LINK tokens is directly tied to the utility and demand for Chainlink services.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- The cryptocurrency market has been on a rollercoaster ride this past week
- 2025-03-16 14:45:55
- US creates 'Strategic Bitcoin Reserve' in latest proof of President Trump's support for the cryptocurrency sector
- 2025-03-16 14:45:55
- TRON Emerges as the Highest Revenue-Generating Blockchain, Outperforming Ethereum and Bitcoin
- 2025-03-16 14:45:55
- Qubetics (QUBE) is one of the Best Cryptos to Watch in 2025
- 2025-03-16 14:45:55
- Despite Ongoing Legal Battles, Ripple's XRP Token Continues to Garner Increasing Attention
- 2025-03-16 14:45:55
- 1933 George V penny could be worth a hefty sum
- 2025-03-16 14:45:55
Related knowledge
Which cryptocurrency websites are good for beginners?
Mar 14,2025 at 04:48pm
CoinbaseUser - friendly Interface: Coinbase offers a clean and intuitive interface that is easy for beginners to navigate. The platform is designed to be straightforward, with clear instructions for tasks like creating an account, depositing funds, and buying/selling cryptocurrencies. For example, when you log in, you are greeted with a dashboard that s...
How much will Bitcoin be worth in 2025
Mar 14,2025 at 04:23pm
Predicting the value of Bitcoin in 2025 is an extremely complex task. Bitcoin, as the pioneer of cryptocurrencies, has a price influenced by a vast array of factors, ranging from market dynamics and technological advancements to regulatory changes and global economic conditions.Market Supply and DemandLimited Supply: Bitcoin has a capped supply of 21 mi...
How to issue an ERC-20 token?
Mar 15,2025 at 04:20pm
Key Points:Understanding the prerequisites for ERC-20 token creation.Choosing the right development environment and tools.Writing the smart contract code.Compiling and deploying the smart contract to the Ethereum network.Testing the deployed token thoroughly.Listing the token on exchanges (optional).How to Issue an ERC-20 Token?Issuing an ERC-20 token i...
What are the core functions of the smart contract of ERC-20 tokens?
Mar 15,2025 at 11:10am
Key Points:ERC-20 smart contracts define the core functionality of a token, enabling transferability, balance tracking, and allowance for delegated transfers.Beyond basic token mechanics, smart contracts can incorporate features like burning, minting, and pausing token transactions.Advanced functionalities may include integration with other DeFi protoco...
What are the main functions of ERC-20 tokens?
Mar 13,2025 at 12:21am
Key Points:ERC-20 tokens are standardized tokens built on the Ethereum blockchain, enabling interoperability and ease of use.Their primary function is to represent fungible assets, meaning each token is interchangeable with any other of the same type.ERC-20 tokens facilitate various use cases, including fundraising (ICOs/IEOs), representing in-game asse...
How are ERC-20 tokens created on the Ethereum blockchain?
Mar 13,2025 at 01:30pm
Key Points:ERC-20 tokens are created by deploying a smart contract to the Ethereum blockchain.This smart contract defines the token's properties, such as name, symbol, total supply, and decimals.Several tools and platforms simplify the process, including online IDEs and dedicated token creation services.Understanding Solidity programming is crucial for ...
Which cryptocurrency websites are good for beginners?
Mar 14,2025 at 04:48pm
CoinbaseUser - friendly Interface: Coinbase offers a clean and intuitive interface that is easy for beginners to navigate. The platform is designed to be straightforward, with clear instructions for tasks like creating an account, depositing funds, and buying/selling cryptocurrencies. For example, when you log in, you are greeted with a dashboard that s...
How much will Bitcoin be worth in 2025
Mar 14,2025 at 04:23pm
Predicting the value of Bitcoin in 2025 is an extremely complex task. Bitcoin, as the pioneer of cryptocurrencies, has a price influenced by a vast array of factors, ranging from market dynamics and technological advancements to regulatory changes and global economic conditions.Market Supply and DemandLimited Supply: Bitcoin has a capped supply of 21 mi...
How to issue an ERC-20 token?
Mar 15,2025 at 04:20pm
Key Points:Understanding the prerequisites for ERC-20 token creation.Choosing the right development environment and tools.Writing the smart contract code.Compiling and deploying the smart contract to the Ethereum network.Testing the deployed token thoroughly.Listing the token on exchanges (optional).How to Issue an ERC-20 Token?Issuing an ERC-20 token i...
What are the core functions of the smart contract of ERC-20 tokens?
Mar 15,2025 at 11:10am
Key Points:ERC-20 smart contracts define the core functionality of a token, enabling transferability, balance tracking, and allowance for delegated transfers.Beyond basic token mechanics, smart contracts can incorporate features like burning, minting, and pausing token transactions.Advanced functionalities may include integration with other DeFi protoco...
What are the main functions of ERC-20 tokens?
Mar 13,2025 at 12:21am
Key Points:ERC-20 tokens are standardized tokens built on the Ethereum blockchain, enabling interoperability and ease of use.Their primary function is to represent fungible assets, meaning each token is interchangeable with any other of the same type.ERC-20 tokens facilitate various use cases, including fundraising (ICOs/IEOs), representing in-game asse...
How are ERC-20 tokens created on the Ethereum blockchain?
Mar 13,2025 at 01:30pm
Key Points:ERC-20 tokens are created by deploying a smart contract to the Ethereum blockchain.This smart contract defines the token's properties, such as name, symbol, total supply, and decimals.Several tools and platforms simplify the process, including online IDEs and dedicated token creation services.Understanding Solidity programming is crucial for ...
See all articles
