How are Divi coins circulated?

in #altcoins3 years ago

The Divi Project is an all-encompassing financial platform that started using the Ethereum blockchain and utilizing an ERC20 token called DIVX. It was later launched in September 2018 and was swapped for DIVI when the project’s main net was introduced online for the first time. This process also witnessed one ERC-20 DIVI exchanged for 100 native DIVI tokens.

Initially, Divi’s proof-of-stake (POS) blockchain had 617,160,700 coins in circulation. This supply increases every year as numerous Divi are minted with every block. It was initially set to 1250 coins per block but is vulnerable to a decrease of 100 coins per block until 2029. Therefore, only 250 Divi will be minted per block at that time. However, 45 % of the block rewards get distributed to masternodes, 38% to Divi stakers, 9 % to Divi development and marketing while 7 % to exchange and liquidity treasury and 1 % to charity.
Divi-Blockchain-Guide (1).png

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