What is the total supply of Oduwa Coin and how is it distributed?

Can you provide more details about the total supply of Oduwa Coin and how it is distributed?

3 answers
- Oduwa Coin has a total supply of 21 million coins. The distribution of these coins is done through a combination of mining, staking, and initial coin offerings (ICOs). Miners contribute their computing power to solve complex mathematical problems and are rewarded with newly minted Oduwa Coins. Stakers, on the other hand, hold their coins in a wallet and earn additional coins as a reward for supporting the network. ICOs are also conducted to distribute coins to early investors and supporters of the project. Overall, the distribution of Oduwa Coin is designed to ensure a fair and decentralized network.
Mar 18, 2022 · 3 years ago
- The total supply of Oduwa Coin is 21 million coins. The distribution of these coins is carried out through a process called mining. Miners use powerful computers to solve complex mathematical problems, and in return, they are rewarded with newly created Oduwa Coins. This process helps secure the network and maintain the integrity of transactions. Additionally, Oduwa Coin can also be obtained through staking, where users hold their coins in a wallet and earn rewards for supporting the network. The distribution of Oduwa Coin aims to incentivize participation and ensure a wide distribution of coins among the community.
Mar 18, 2022 · 3 years ago
- Oduwa Coin has a total supply of 21 million coins. The distribution of these coins is carefully managed to ensure fairness and decentralization. A portion of the coins is allocated for mining, where miners use their computing power to validate transactions and create new coins. Another portion is allocated for staking, where users can hold their coins in a wallet and earn additional coins as a reward for supporting the network. Additionally, Oduwa Coin may conduct initial coin offerings (ICOs) to distribute coins to early investors and supporters of the project. This multi-faceted approach to distribution helps create a diverse and engaged community of Oduwa Coin holders.
Mar 18, 2022 · 3 years ago
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