Cryptocurrency Q&A
What is the total supply of DCR?
What is the total supply of DCR?
KpopHarmony
Thu Jun 20 2024
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5 answers
1045
Could you elaborate on the total supply of Decred, or DCR, for those who are less familiar with the cryptocurrency? I'm curious to understand the specifics of its issuance model and whether there's a fixed cap or if the supply can vary over time. Understanding the total supply is crucial for investors and enthusiasts alike, as it impacts the potential scarcity and value of the coin. Could you provide a concise yet comprehensive explanation of the DCR supply?
5 answers
Davide
Fri Jun 21 2024
DCR, also known as Decred, is a digital currency with a defined supply limit.
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KimonoGlitter
Fri Jun 21 2024
This limit ensures that the total number of DCR coins will never exceed this amount, providing a scarcity factor that supports the value of the currency.
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Isabella
Fri Jun 21 2024
Currently, the circulating supply of DCR stands at 16.12 million units.
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HallyuHero
Fri Jun 21 2024
This represents the total number of DCR coins that are currently in circulation and are available for trading or use.
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Caterina
Fri Jun 21 2024
The maximum supply of DCR, on the other hand, is set at 21 million units.
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