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Understand the DASH coin issuance price and total issuance in one article

The DASH ICO launched in January 2014 with an issuance price of $0.15 per coin, establishing a maximum supply of 18,900,000 DASH.

Oct 08, 2024 at 02:30 pm

Understanding the DASH Coin Issuance Price and Total Issuance

1. Issuance Price

The DASH coin was launched in January 2014 via an Initial Coin Offering (ICO).
The ICO price was set at $0.15 per DASH.

2. Total Issuance

The DASH network has a pre-defined maximum supply of 18,900,000 DASH coins.
This supply limit ensures scarcity and potential value appreciation over time.

3. Emission Schedule

The DASH issuance is designed to follow a predefined emission schedule, which gradually reduces the number of coins released with each block.
Initially, 10 DASH coins were generated per block, but this rate decreases over time.

4. Block Reward Halving

Every 210,240 blocks (approximately every 3.6 years), the block reward rate is halved.
This mechanism helps control inflation and maintains the scarcity of DASH coins.

5. Current Block and Block Reward

As of [insert date], DASH is on block 1,374,911.
The current block reward is 1.64 DASH.

6. Total Issued Coins

To date, approximately 10,973,286 DASH coins have been issued, which is about 58% of the total supply.

Conclusion

The DASH issuance price and total issuance play a vital role in understanding its monetary policy and potential value. The pre-defined issuance limit, emission schedule, and block reward halving mechanisms aim to ensure scarcity, control inflation, and promote long-term value appreciation for DASH holders.

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