What is the total supply of Stellar Lumens?
Refurb NetworkDec 28, 2021 · 3 years ago3 answers
Can you please provide information on the total supply of Stellar Lumens? I'm curious about how many Lumens are currently in circulation and if there is a maximum supply limit.
3 answers
- Dec 28, 2021 · 3 years agoStellar Lumens (XLM) has a total supply of 50 billion Lumens. However, it's important to note that not all of these Lumens are in circulation. The Stellar Development Foundation (SDF) holds a significant portion of the total supply, and they have a distribution plan in place to gradually release the Lumens into the market over time. This approach helps to prevent any sudden influx of Lumens that could potentially disrupt the market.
- Dec 28, 2021 · 3 years agoThe total supply of Stellar Lumens is 50 billion. This is the maximum number of Lumens that will ever exist. However, the actual circulating supply is lower than the total supply, as some Lumens are locked up or held by the Stellar Development Foundation. It's always a good idea to check the current circulating supply on reputable cryptocurrency data websites to get the most accurate information.
- Dec 28, 2021 · 3 years agoThe total supply of Stellar Lumens is 50 billion. However, it's important to note that the supply is not fixed and can increase over time. The Stellar network has a built-in inflation mechanism that allows Lumens to be created at a rate of 1% per year. This inflation is distributed to holders of Lumens through a voting process. So, while the total supply is fixed at 50 billion, the actual circulating supply can increase gradually due to the inflation mechanism.
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