Post
Topic
Board Announcements (Altcoins)
Re: Dash Token - Circulation amount
by
qwizzie
on 21/02/2018, 10:54:35 UTC
Hello,

Can you please confirm how many Dash tokens are in circulation now? And what is total supply?

Can I rely on CMC stats? They are often different to official stats. Can admin please confirm?

Also, have Dash ever had ICO?

Many thanks,
Pete

Circulating supply on coinmarketcap is correct, although the Masternode Network holds more then 50% of that circulating supply as collateral.

Circulating Supply : 7.9 million Dash according coinmarketcap
Masternode Network Combined Collateral (of above stated circulating supply) : 4.7 million Dash (number of masternodes : 4,709 x 1000 Dash)
Total Supply :  https://dashpay.atlassian.net/wiki/spaces/DOC/pages/134414366/Emission+rate

Quote
Total coin emission
Bitcoin's total coin emission can be calculated as the sum of a geometric series, with the total emission approaching (but never reaching) 21,000,000 BTC. This will continue until 2140, but the mining reward reduces so quickly that 99% of all bitcoin will be in circulation by 2036, and 99.9% by 2048.

Dash's total coin emission is also the sum of a geometric series, but the ultimate total coin emission is uncertain because it cannot be known how much of the 10% block reward reserved for budget proposals will actually be allocated, since this depends on future voting behavior. Dash will continue to emit coins for approximately 192 years before a full year of mining creates less than 1 DASH. After 2209 only 14 more dash will be created. The last dash will take 231 years to be generated, starting in 2246 and ending when emission completely stops in 2477. Based on these numbers, a maximum and minimum possible coin supply in the year 2254 can be calculated to be between:

17,742,696 DASH   Assuming zero treasury allocation
18,921,005 DASH   Assuming full treasury allocation

With regards to ICO, Dash never had an ICO (it was created in jan 2014 as a normal Proof of Work cryptocurrency, before the whole ICO circus arrived).
Dash does have an instamine history that people new to Dash should be aware of (most people are aware of this) : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification