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How many Polkadot coins are currently in circulation?

avatarMason NunezMar 17, 2022 · 3 years ago3 answers

Can you tell me the current number of Polkadot coins in circulation? I'm interested in knowing the total supply of Polkadot and how many coins are currently available for trading. It would be great if you could provide some insights into the distribution and allocation of these coins as well.

How many Polkadot coins are currently in circulation?

3 answers

  • avatarMar 17, 2022 · 3 years ago
    Sure! As of now, there are a total of 1 billion Polkadot (DOT) coins in circulation. However, it's important to note that the initial supply of DOT was 10 million, and the remaining 90% was allocated to the Web3 Foundation, early contributors, and the Polkadot treasury. These allocations are subject to vesting schedules and release over time. The circulating supply represents the portion of DOT that is available for trading on various exchanges.
  • avatarMar 17, 2022 · 3 years ago
    Polkadot has a maximum supply of 1 billion coins. Currently, a significant portion of these coins is held by the Web3 Foundation, early contributors, and the Polkadot treasury. The circulating supply, which is the number of coins available for trading, may be lower than the total supply due to these allocations. It's worth noting that the distribution of coins and their release over time can impact the market dynamics and price of Polkadot.
  • avatarMar 17, 2022 · 3 years ago
    According to the latest data, the current number of Polkadot coins in circulation is approximately 400 million. This represents around 40% of the total supply. The remaining coins are held by the Web3 Foundation, early contributors, and the Polkadot treasury. These allocations are designed to support the development and growth of the Polkadot ecosystem. It's important to keep an eye on the circulating supply as it can have an impact on the liquidity and value of Polkadot.