WAX Cloud Wallets Are Here! Get yours today for free, and start using dApps in just two clicks

WAX Announces Quarterly Token Circulation Update

Jul 3, 2018
Facebook Twitter Email Linked In

WAX is announcing our quarterly token circulation update for the end of Q2 2018. WAX Token supply has increased to a total of 828,063,006 tokens due to the end of a lock-up period for certain contributors and advisors that ended in June 2018. This is in accordance with the WAX white paper and our Q1 circulation update.

The tokens have been, and will continue to be, distributed in a manner consistent with the token usage guidelines in WAX’s technical white paper.

The total WAX supply is 1.85 billion, and the remaining ~ 1 billion WAX Tokens will be used over a number of years for development of the market.

WAX will continue to update its token circulation on CoinMarketCap.com on a quarterly basis, at the end of each quarter. The increase in reported circulation at the end of the quarter represents the tokens released throughout the quarter. These updates will remain consistent and are in accordance with existing WAX policy.

---

Let us know what you think by joining the community:

Twitter

Telegram

Reddit

Facebook Twitter Email Linked In

Related Articles

Blog Image

Update: WAX Labs Proposal Guidelines

Since the launch of the WAX Labs worker proposal system on March 11, we’ve been excited to see the number of projects submitted for funding! Here we’ve provided more specific guidelines for how to make your project more likely to be accepted into WAX Labs

Read More
Blog Image

NEW: WAX to Use Chainlink Oracles to Bring Off-Chain Data and Resources to the WAX and EOSIO Ecosystem

WAX is excited to announce its planned integration of Chainlink’s decentralized oracle network to securely and reliably access data and resources from outside the EOSIO ecosystem.

Read More
Blog Image

New: WAX Introduces the Biggest Worker Proposal Fund in the History of Blockchain

More than 75 million WAX Tokens, worth millions of dollars, are available for developers who grow the WAX Blockchain through decentralization and innovation over many years.

Read More

Thank you for subscribing to WAX updates!

Sign up to receive email updates from Team WAX

I want the latest in: