Cryptocurrency Q&A
Does Kusama have a max supply?
Does Kusama have a max supply?
Claudio
Fri Oct 18 2024
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5 answers
1021
I'm wondering if Kusama, this cryptocurrency I've been hearing about, has a maximum supply limit like some other coins do. Is there a cap on how many Kusama tokens can be issued?
5 answers
EthereumElite
Sat Oct 19 2024
Additionally, the treasury system distributes KSM tokens to developers through grants. These grants foster innovation and encourage the development of new projects and tools on the Kusama network, further expanding its capabilities and appeal.
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Pietro
Sat Oct 19 2024
Kusama, a prominent blockchain network, boasts a maximum supply of 10 million KSM tokens. This finite quantity ensures scarcity and drives demand for the digital asset.
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IncheonBeautyBloomingRadianceGlow
Sat Oct 19 2024
Holders of KSM tokens have acquired them through various means, primarily by participating in the token sale associated with Polkadot's DOT. This link to Polkadot, a highly regarded blockchain project, adds credibility and value to KSM.
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Eleonora
Sat Oct 19 2024
However, not all KSM tokens are in circulation. A significant portion of the total supply is reserved within the network's treasury system. This strategic allocation serves multiple purposes, further enhancing the ecosystem's sustainability and growth.
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CryptoSavant
Sat Oct 19 2024
One primary use of the treasury-held KSM is to incentivize validators and nominators for staking. By rewarding these network participants, Kusama encourages secure and efficient operation, contributing to the overall health and stability of the blockchain.
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