What is the total supply of Stellar Lumens and how is it distributed?
Rudrapratap Singh JatJan 13, 2022 · 3 years ago3 answers
Can you provide more details about the total supply of Stellar Lumens and how it is distributed? I'm curious to know the specifics of this digital currency.
3 answers
- Jan 13, 2022 · 3 years agoSure! Stellar Lumens (XLM) has a total supply of 50 billion coins. Unlike some other cryptocurrencies, the entire supply was created at the launch of the network. The distribution of Stellar Lumens is unique as well. Initially, 100 billion XLM were created, but the Stellar Development Foundation (SDF) decided to distribute 50 billion XLM to individuals and entities to encourage adoption and growth of the network. This distribution was done through various programs, including airdrops to Bitcoin holders and partnerships with organizations. The remaining 50 billion XLM were allocated to the SDF to support the development and maintenance of the Stellar network.
- Jan 13, 2022 · 3 years agoThe total supply of Stellar Lumens (XLM) is 50 billion coins. At the launch of the network, the entire supply was created. However, it's important to note that not all of the coins are in circulation. The Stellar Development Foundation (SDF) has been actively distributing the coins to individuals and organizations to promote the adoption of Stellar Lumens. This distribution has been done through airdrops, partnerships, and various programs. The SDF holds the remaining coins to support the development and growth of the Stellar network.
- Jan 13, 2022 · 3 years agoAh, Stellar Lumens (XLM), an interesting digital currency indeed! The total supply of XLM is 50 billion coins. At the inception of the network, all the coins were minted and ready to go. However, the distribution strategy is what sets Stellar Lumens apart. The Stellar Development Foundation (SDF) decided to distribute 50% of the total supply to individuals and entities to foster the adoption of XLM. This distribution was carried out through airdrops, partnerships, and other initiatives. The remaining 50% of the coins are held by the SDF to support the ongoing development and maintenance of the Stellar network. Pretty cool, right?
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