Cryptocurrency Q&A What is the max supply of Storj tokens?

What is the max supply of Storj tokens?

CoinMaster Sun Aug 04 2024 | 5 answers 1159

Could you please elaborate on the maximum supply of Storj tokens? I'm curious to know if there's a hard cap on the total number of tokens that will ever be in circulation, and if so, what that number is. Additionally, I'm interested in understanding how the team behind Storj plans to manage the distribution of these tokens to ensure a fair and balanced distribution among its users and stakeholders. Can you provide any insights into this aspect of the project? What is the max supply of Storj tokens?

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5 answers

EnchantedMoon Tue Aug 06 2024

The circulating supply of STORJ tokens primarily originates from two main sources: SJCX conversions and the May 2017 token sale. The SJCX conversions have contributed 43.2 million tokens to the circulating supply, while the token sale in May 2017 added another 75.1 million tokens.

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Pietro Tue Aug 06 2024

Additionally, there are periodic influxes of tokens entering circulation, as indicated in rows 9-14 of relevant records. These periodic additions to the circulating supply contribute to the overall availability of STORJ tokens in the market.

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347

Federica Mon Aug 05 2024

The maximum total number of STORJ tokens that can potentially be in circulation is capped at 425.0 million, as specified in line 20 of the relevant documentation. This limit ensures a predictable and manageable supply of STORJ tokens in the long run.

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Claudio Mon Aug 05 2024

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CherryBlossomBloom Mon Aug 05 2024

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