-
Bitcoin $87,356.7866
2.55% - Ethereum
$1,638.7142
1.49% - Tether USDt
$1.0000
0.00% - XRP
$2.1170
1.59% - BNB
$603.9416
1.60% - Solana
$140.7449
-0.10% - USDC
$1.0000
0.01% - Dogecoin
$0.1612
1.47% - TRON
$0.2446
0.70% - Cardano
$0.6403
1.48% - Chainlink
$13.5386
3.52% - UNUS SED LEO
$9.4122
0.71% - Avalanche
$19.9770
0.38% - Stellar
$0.2522
2.41% - Toncoin
$3.0278
0.79% - Shiba Inu
$0.0...01274
3.15% - Sui
$2.2177
2.58% - Hedera
$0.1707
2.77% - Bitcoin Cash
$338.7540
-0.36% - Polkadot
$3.9033
-0.91% - Hyperliquid
$18.1086
-1.54% - Litecoin
$78.6965
2.64% - Bitget Token
$4.5466
-0.88% - Dai
$0.9999
0.00% - Ethena USDe
$0.9993
0.02% - Pi
$0.6368
-2.12% - Monero
$215.6237
-0.53% - Uniswap
$5.4295
1.63% - Pepe
$0.0...07859
4.81% - Aptos
$5.1258
4.53%
Understand the issuance price and total issuance of SNX coins in one article
During its Initial Coin Offering in 2018, SNX's issuance price was $0.05, and its total supply is capped at 250 million coins.
Oct 03, 2024 at 08:00 am
Understanding SNX Coin's Issuance Price and Total Issuance
1. Issuance Price
The initial issuance price of SNX, the native token of the Synthetix protocol, was $0.05 during its Initial Coin Offering (ICO) on August 27, 2018.
2. Total Issuance
The total issuance of SNX coins is capped at 250,000,000. Of this total:
- 100,000,000 were released during the ICO.
- 150,000,000 are reserved for the (now discontinued) Synthetix Team Allocation and Ecosystem Fund.
3. Current Market Situation
As of [date], the current market price of SNX is [price]. The circulating supply is [supply], and the market capitalization is [capitalization].
4. Conclusion
The issuance price and total issuance of SNX coins play a fundamental role in understanding the token economy of the Synthetix protocol. These parameters determine the initial distribution and availability of SNX, impacting its price and market dynamics.
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 Solana network briefly surpassed Ethereum in total staked value, sparking debate over whether it is actually bullish or bearish.
- 2025-04-21 12:45:13
- Filecoin and Algorand Ground Blockchain in Reality, Qubetics Skyrockets As Top Cryptos to Watch
- 2025-04-21 12:45:13
- Bitcoin reclaims the $87,000 level, while XRP Flashes Bearish Signals and Dogecoin Celebrates “Dogeday”
- 2025-04-21 12:40:13
- Pi Network (PI) Price Briefly Spikes 4% After Releasing Long-Awaited Mainnet Migration Roadmap
- 2025-04-21 12:40:13
- Top Crypto Coins 2025: Web3 ai, Tron, Dogecoin & Kaspa
- 2025-04-21 12:35:13
- Ethereum's Make-or-Break Moment: Can It Regain Its Edge?
- 2025-04-21 12:35:13
Related knowledge
What is impermanent loss insurance? What are the solutions?
Apr 12,2025 at 01:14am
What is Impermanent Loss Insurance? What are the Solutions? Impermanent loss is a significant concern for liquidity providers in decentralized finance (DeFi) platforms. It occurs when the price of tokens in a liquidity pool changes compared to when they were deposited, leading to a potential loss if the provider decides to withdraw their liquidity. To m...
What are algorithmic stablecoins? How do they maintain anchoring?
Apr 12,2025 at 11:35am
Algorithmic stablecoins represent a fascinating and innovative segment within the cryptocurrency ecosystem. These digital assets are designed to maintain a stable value, typically pegged to a fiat currency like the US dollar, through the use of algorithms rather than traditional collateral. This approach distinguishes them from other types of stablecoin...
What is leveraged mining? How is risk-return calculated?
Apr 11,2025 at 04:07pm
What is Leveraged Mining? How is Risk-Return Calculated? Leveraged mining is a strategy used in the cryptocurrency space where miners borrow funds to increase their mining capacity and potential returns. This approach can amplify both profits and losses, making it a high-risk, high-reward endeavor. Understanding how to calculate the risk and return asso...
What is an aggregator? How does 1inch optimize transaction paths?
Apr 12,2025 at 05:00pm
An aggregator in the cryptocurrency space is a tool that compiles and compares data from multiple decentralized exchanges (DEXs) to find the best possible trading routes and prices for users. Aggregators are essential for traders looking to optimize their transactions, as they can automatically search through various liquidity sources to ensure the most...
What is a flash exchange? How is it different from a normal exchange?
Apr 16,2025 at 03:43pm
A flash exchange, also known as a flash swap, is a relatively new concept within the cryptocurrency space that has gained significant attention due to its innovative approach to trading. Unlike traditional exchanges, flash exchanges leverage the power of decentralized finance (DeFi) protocols to enable instant, collateral-free trades. In this article, w...
What is impermanent loss? How to reduce risk?
Apr 16,2025 at 11:14pm
What is Impermanent Loss? How to Reduce Risk? Impermanent loss is a term that frequently surfaces in the world of decentralized finance (DeFi), particularly when discussing liquidity provision on automated market makers (AMMs) like Uniswap or SushiSwap. Understanding this concept is crucial for anyone looking to engage in liquidity provision, as it dire...
What is impermanent loss insurance? What are the solutions?
Apr 12,2025 at 01:14am
What is Impermanent Loss Insurance? What are the Solutions? Impermanent loss is a significant concern for liquidity providers in decentralized finance (DeFi) platforms. It occurs when the price of tokens in a liquidity pool changes compared to when they were deposited, leading to a potential loss if the provider decides to withdraw their liquidity. To m...
What are algorithmic stablecoins? How do they maintain anchoring?
Apr 12,2025 at 11:35am
Algorithmic stablecoins represent a fascinating and innovative segment within the cryptocurrency ecosystem. These digital assets are designed to maintain a stable value, typically pegged to a fiat currency like the US dollar, through the use of algorithms rather than traditional collateral. This approach distinguishes them from other types of stablecoin...
What is leveraged mining? How is risk-return calculated?
Apr 11,2025 at 04:07pm
What is Leveraged Mining? How is Risk-Return Calculated? Leveraged mining is a strategy used in the cryptocurrency space where miners borrow funds to increase their mining capacity and potential returns. This approach can amplify both profits and losses, making it a high-risk, high-reward endeavor. Understanding how to calculate the risk and return asso...
What is an aggregator? How does 1inch optimize transaction paths?
Apr 12,2025 at 05:00pm
An aggregator in the cryptocurrency space is a tool that compiles and compares data from multiple decentralized exchanges (DEXs) to find the best possible trading routes and prices for users. Aggregators are essential for traders looking to optimize their transactions, as they can automatically search through various liquidity sources to ensure the most...
What is a flash exchange? How is it different from a normal exchange?
Apr 16,2025 at 03:43pm
A flash exchange, also known as a flash swap, is a relatively new concept within the cryptocurrency space that has gained significant attention due to its innovative approach to trading. Unlike traditional exchanges, flash exchanges leverage the power of decentralized finance (DeFi) protocols to enable instant, collateral-free trades. In this article, w...
What is impermanent loss? How to reduce risk?
Apr 16,2025 at 11:14pm
What is Impermanent Loss? How to Reduce Risk? Impermanent loss is a term that frequently surfaces in the world of decentralized finance (DeFi), particularly when discussing liquidity provision on automated market makers (AMMs) like Uniswap or SushiSwap. Understanding this concept is crucial for anyone looking to engage in liquidity provision, as it dire...
See all articles
