BitCanna
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Token Economics

Initial Distribution

​Total supply (excl. inflation)
​Circulating supply (total - vested - bonded)
​Business Development: 57.324.341 coins, actual balance 32,544,164
  • ​23.3M BCNA vested until October 28th 2022 13:00 UTC
  • 1.5M BCNA was distributed to testnet participants for rewards
  • 16.25M BCNA is currently delegated to professional validators
​Marketing: 38.216.228 coins, actual balance 14,913,263
  • ​17.9M BCNA vested until October 28th 2022 13:00 UTC
  • 6M BCNA was distributed for Osmosis pool incentives
​Team: 32.324.341 coins**, actual balance 0
  • ​32.3M BCNA vested until October 28th 2022 13:00 UTC
  • ~200 BCNA was distributed to fund relayers and new validators
244.757.980 coins (distributed throughout investors)
*To read more about the vesting of the team coins, read this blog post.
**This wallet contained 57.324.341 BCNA before, but the team decided to burn 25 million during the transition to Cosmos, announced here.
For details about inflation, please see Chain Parameters.

Delegations

BitCanna will delegate coins to parties that contribute significantly to the growth of the BitCanna network as described in our Professional Validator Program.
NOTE: During the initial phase of the network, BitCanna will delegate 30M (3 x 10M) coins to its three core validators (network inflation is disabled so no rewards will be earned by BitCanna) to take control of the network and prevent hijacking of the network. Once the network is stabilised and diversified with a strong set of validators, BitCanna will undelegate these coins from its core validators to rebalance the network. You can track the delegations below.
Last modified 27d ago