What is the current supply of Cosmos digital currency?
Moyal Immigration LawyersDec 25, 2021 · 3 years ago3 answers
Can you provide information on the current supply of Cosmos digital currency? I'm interested in knowing the total number of Cosmos coins in circulation at the moment.
3 answers
- Dec 25, 2021 · 3 years agoThe current supply of Cosmos digital currency, also known as ATOM, is approximately 238 million coins. This number is subject to change as new coins are minted through the network's inflation mechanism. It's important to note that the supply of Cosmos coins will gradually increase over time, but the rate of inflation is designed to decrease over the years, ensuring a controlled and sustainable growth of the ecosystem.
- Dec 25, 2021 · 3 years agoAs of now, there are around 238 million Cosmos coins in circulation. However, it's worth mentioning that the supply of Cosmos is not fixed and will continue to increase over time. This is due to the network's inflation mechanism, which rewards validators and stakers with newly minted coins. So, the supply will gradually expand, but at a decreasing rate to maintain a healthy balance between inflation and scarcity.
- Dec 25, 2021 · 3 years agoThe current supply of Cosmos digital currency stands at approximately 238 million coins. This information is publicly available and can be verified through various blockchain explorers. It's important to keep in mind that the supply of Cosmos is not fixed and will increase over time due to the network's inflation mechanism. This ensures that the ecosystem remains dynamic and incentivizes participation from validators and stakers.
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