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What is the total supply of Helium (HNT) and how is it distributed?

avatarHammad AliDec 25, 2021 · 3 years ago3 answers

Can you provide more details about the total supply of Helium (HNT) and how it is distributed?

What is the total supply of Helium (HNT) and how is it distributed?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Helium (HNT) has a total supply of 223 million tokens. The distribution of HNT tokens is primarily done through mining. Miners use Helium Hotspots, which are devices that provide wireless coverage and act as a decentralized network for Internet of Things (IoT) devices. By mining and validating transactions on the Helium network, miners are rewarded with HNT tokens. The distribution of HNT tokens is designed to incentivize the growth and expansion of the Helium network.
  • avatarDec 25, 2021 · 3 years ago
    The total supply of Helium (HNT) is 223 million tokens. These tokens are distributed through a process called mining. Miners use special devices called Helium Hotspots to mine HNT tokens. These hotspots provide wireless coverage and support the Helium network for IoT devices. Miners are rewarded with HNT tokens for their mining efforts, which helps to secure and grow the Helium network.
  • avatarDec 25, 2021 · 3 years ago
    Helium (HNT) has a total supply of 223 million tokens. The distribution of HNT tokens is primarily done through mining. Miners play a crucial role in the Helium network by providing wireless coverage and supporting IoT devices. In return for their contributions, miners are rewarded with HNT tokens. This distribution mechanism ensures the decentralization and security of the Helium network.