Home web3.0 What is the total amount of ZIL coins?

What is the total amount of ZIL coins?

May 06, 2024 pm 01:42 PM
Blockchain cryptocurrency

The total circulation of Zilliqa (ZIL) coins is 21 billion. ZIL coins are used to pay transaction fees, pledges, governance and other purposes to support the operation and security of the Zilliqa blockchain network.

What is the total amount of ZIL coins?

The total amount of ZIL coins issuance

The total amount of Zilliqa (ZIL) coins is 21 billion indivual.

Detailed Description

Created in 2017, ZIL Coin is a cryptocurrency used to pay transaction fees and for staking to secure the Zilliqa blockchain network. The total issuance of ZIL coins is predetermined and will not increase over time.

Allocation

The distribution of ZIL coins is as follows:

  • Private sale: 40%
  • Public sale: 40%
  • Team and Advisors: 10%
  • Ecosystem Development: 10%

Uses

ZIL Coin has the following uses:

  • Pay transaction fees: ZIL coins are used to pay for transactions on the Zilliqa network.
  • Staking: ZIL coins can be staked to validators to secure the network and earn rewards.
  • Governance: ZIL coin holders can participate in Zilliqa blockchain governance and vote on protocol upgrades and other proposals.

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