What is the issuance amount of SOL coins?
What is the issuance amount of SOL coins?
The issuance limit of SOL coins is 500 million. As of now, approximately 327 million SOL coins have been circulated.
SOL coin application scenarios
SOL coin, as the native token of the Solana blockchain, has the following application scenarios:
1. Area Blockchain Transaction Fee: Used to pay for transactions on the Solana blockchain.
2. Staking: Users can pledge SOL coins to validators to help protect network security and receive staking rewards.
3. Governance: SOL coin holders can participate in the governance of the Solana blockchain, vote on proposals and influence the development direction of the network.
4. Defi Applications: SOL Coin can be used to participate in various decentralized finance (DeFi) applications such as lending, trading and asset management.
5. NFTs: SOL coins can be used to buy and sell non-fungible tokens (NFTs) on the Solana blockchain.
6. Make a reservation: рования.
In short, SOL coin is a multi-currency currency in the Solana blockchain ecosystem. Functional utility token used to pay transaction fees, staking, governance and support a variety of applications.
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