Cryptocurrencies

Text

Understand the issuance price and total issuance of FXS coins in one article

The issuance price of FXS coins was $20.25 per token, while the total maximum supply of FXS coins is 100,000,000.

Oct 10, 2024 at 09:35 am

Understanding the Issuance Price and Total Issuance of FXS Coins

1. Issuance Price

FXS, the native token of the Frax Finance platform, was first sold through a public sale on June 11, 2021. The issuance price was $20.25 per FXS token.

2. Total Issuance

The total maximum supply of FXS coins is 100,000,000. This is the maximum number of FXS coins that can ever be created.

3. Vesting Schedule

A significant portion of the FXS supply is subject to a vesting schedule. This means that these tokens are released gradually over time, rather than being released all at once. The vesting schedule for FXS is as follows:

Team and Advisors: 6 month cliff, then 24 month linear vesting.
Community: 6 months cliff, then linear vesting over the next 30 months.
Liquidity Providers: No vesting.
Strategic Partners: 12 months cliff, then linear vesting over the next 24 months.

4. Token Distribution

The total FXS supply is distributed as follows:

Team and Advisors: 20%
Community: 50%
Liquidity Providers: 15%
Strategic Partners: 15%

5. Current Price and Market Cap

As of August 14, 2023, the price of FXS is $13.67**. The total market capitalization of FXS is approximately **$1.37 billion.

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.

Fear & Greed Index

Trade Now

Biggest Gainers

SOLO

$0.3144

191.66%

Trade Now
MIGGLES

$0.1526

94.87%

Trade Now
SLERF

$0.4192

76.90%

Trade Now
MANEKI

$0.0136

74.05%

Trade Now
OM

$2.44

54.32%

Trade Now
MOODENG

$0.6260

49.99%

Trade Now

Latest Crypto News

Gary Gensler Pushes for Crypto Firm Compliance Standards
2024-11-16 13:35:01
Cryptocurrency’s Next Frontier: The Untold Ripple Effects of Bitcoin ETFs
2024-11-16 12:15:02
Revolutionizing Donations with a Meme Coin
2024-11-16 12:25:01
Dogecoin Price Prediction: DOGE Begins Correcting After Reaching $0.426, Will It Resume Its Bullish Momentum?
2024-11-16 12:15:02
Cardano (ADA) Defies Market Trends with Impressive Performance
2024-11-16 12:15:02
Litecoin Embraces the Meme Coin Culture
2024-11-16 12:15:02

Related knowledge

Does Jito coin have the potential of 10,000 times?

Nov 16,2024 at 07:47am

Does Jito Coin Have the Potential of 10,000 Times?The cryptocurrency market is a volatile and ever-evolving landscape, with new projects emerging and existing ones gaining or losing value constantly. One such project that has garnered attention recently is Jito Coin, a decentralized finance (DeFi) platform that leverages blockchain technology to offer a...

Does Jito coin have a thousand times potential?

Nov 15,2024 at 12:28pm

Does Jito Coin Have a Thousand Times Potential?The cryptocurrency market is a rapidly evolving landscape, with new projects emerging all the time. One such project is Jito Coin, which has garnered attention for its ambitious goals and innovative technology. However, many investors are wondering if Jito Coin has the potential to live up to its hype and d...

Which exchanges are Jito coins listed on?

Nov 15,2024 at 09:48am

Which Exchanges Are Jito Coins Listed On?Jito coins are currently listed on the following exchanges:KuCoinGate.ioBittrexPoloniexHuobi GlobalBinanceOKExCrypto.comBybitKraken1. KuCoinKuCoin is a popular cryptocurrency exchange that offers a wide variety of trading pairs, including Jito coins. KuCoin is known for its low trading fees and its user-friendly ...

What are the ways to purchase Jito coins?

Nov 15,2024 at 06:04pm

Ways to Purchase Jito Coins: A Comprehensive GuideJito Coin (JTC) is a cryptocurrency that can be used to purchase goods and services on the Jito marketplace. JTC can be purchased in a variety of ways, including:1. Purchase JTC with a Credit or Debit CardVisit the Jito website and click on the "Buy JTC" button.Select the amount of JTC you would like to ...

What is the issuance amount of Jito coins?

Nov 15,2024 at 09:54am

Understanding the Issuance Amount of Jito Coins: A Comprehensive GuideIntroductionJito coin, denoted as JITO, is the native cryptocurrency of the Jito ecosystem, a decentralized blockchain platform designed for the esports and gaming industry. JITO serves as both a utility and governance token, enabling users to participate in ecosystem governance, acce...

What about Jito coins?

Nov 16,2024 at 03:52am

What about Jito coins?Jito coins are a popular cryptocurrency that has been gaining traction in recent years. They are based on the Ethereum blockchain and are used to power the Jito ecosystem, which includes a variety of decentralized applications such as a payments platform, a marketplace, and a social network.What are the benefits of using Jito coins...