What is the total supply of Tezos?
Mohammed BallariDec 25, 2021 · 3 years ago3 answers
Can you please provide more details about the total supply of Tezos? I would like to know the exact number of Tezos tokens that currently exist and how they are distributed.
3 answers
- Dec 25, 2021 · 3 years agoTezos has a total supply of 763,306,930 XTZ tokens. The distribution of these tokens is managed by the Tezos blockchain protocol. The initial supply was created during the Tezos ICO, and additional tokens are created through a process called baking. Baking involves token holders staking their XTZ and participating in the consensus mechanism to validate transactions and create new blocks. The newly created tokens are then distributed to the bakers based on their staked amount. This ensures a decentralized and secure network.
- Dec 25, 2021 · 3 years agoThe total supply of Tezos is currently 763,306,930 XTZ tokens. These tokens are distributed among various stakeholders, including the Tezos Foundation, early investors, and the community. The distribution of tokens is designed to incentivize participation and contribution to the Tezos ecosystem. As the network grows and more tokens are staked for baking, the total supply will gradually increase over time. It's important to note that the total supply of Tezos is subject to change based on the network's consensus rules and governance decisions.
- Dec 25, 2021 · 3 years agoAs of now, the total supply of Tezos is 763,306,930 XTZ tokens. This number represents the total amount of Tezos tokens that have been created and are in circulation. The distribution of these tokens is managed by the Tezos blockchain, which uses a proof-of-stake consensus mechanism. Token holders can participate in the network by staking their XTZ and earning rewards for validating transactions. The total supply of Tezos can increase over time as more tokens are staked and new blocks are created. It's worth noting that the supply of Tezos is not fixed and can be adjusted through on-chain governance.
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