What is the total supply of Algorand?

3 answers

• May 08, 2022 · 3 years ago
  Algorand has a total supply of 10 billion ALGO tokens. The circulating supply is currently around 6 billion ALGO. The remaining tokens are held by the Algorand Foundation for various purposes, including ecosystem development, partnerships, and community incentives. There is no maximum supply limit for Algorand, as the tokens are released through a combination of initial distribution, staking rewards, and network participation.
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• May 08, 2022 · 3 years ago
  The total supply of Algorand is 10 billion ALGO tokens. Approximately 60% of the total supply is currently in circulation, while the remaining 40% is held by the Algorand Foundation. The Foundation uses these tokens to support the growth and development of the Algorand ecosystem. There is no maximum supply limit for Algorand, as the network is designed to continuously release new tokens through various mechanisms.
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• May 08, 2022 · 3 years ago
  According to the information available, Algorand has a total supply of 10 billion ALGO tokens. The circulating supply is around 6 billion ALGO, while the remaining tokens are held by the Algorand Foundation. The Foundation uses these tokens for strategic initiatives, partnerships, and community incentives. It's worth noting that the total supply of Algorand can increase over time due to the network's inflation mechanism, which rewards token holders for participating in the consensus process.
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