What is the total supply of dKargo (DKA) coins?

dKargo (DKA), an ERC-20 utility token, maintains a fixed total supply of 1 billion tokens, ensuring scarcity and potential value appreciation over time.

Dec 20, 2024 at 05:38 pm

Key Points:

Token Name: dKargo (DKA)
Token Type: Utility token, ERC-20 standard
Total Supply: 1,000,000,000 DKA
Circulating Supply: 375,000,000 DKA (as of August 2023)
Block Explorer: Etherscan

FAQs:

Q: What determines the total supply of dKargo (DKA) coins?

A: The total supply of DKA is fixed at 1,000,000,000 coins, as defined by the dKargo protocol. This supply cannot be altered or increased.

Q: How is the circulating supply of DKA calculated?

A: The circulating supply represents the number of DKA coins that are currently in circulation and available for trading. It is calculated by subtracting the number of DKA coins held in reserve from the total supply.

Q: What is the purpose of having a fixed total supply for DKA coins?

A: A fixed total supply helps maintain the scarcity of DKA coins, contributing to their potential value appreciation over time. It also provides holders with a sense of confidence that the supply will not be inflated, which could lead to a decrease in coin value.

Q: How are DKA coins distributed?

A: DKA coins are distributed through a combination of methods, including token sales, mining rewards, and platform staking. The distribution mechanism ensures that DKA coins are accessible to a wide range of users and participants in the dKargo ecosystem.

Q: Is it possible for the total supply of DKA coins to change in the future?

A: No, the total supply of DKA coins is fixed and cannot be altered. This immutability is a fundamental aspect of the dKargo protocol, ensuring a stable and predictable supply for DKA holders.

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