Kaspa, a Layer-1 Proof-of-Work coin, prides itself on its fair launch, meaning there was no initial coin offering (ICO), no vesting phase, and no premine. The maximum supply of Kaspa (KAS) is estimated to be around 28.7 billion, with approximately 16.28 billion currently in circulation.
The transaction fee for Kaspa is currently set at 0.0001 KAS per UTXO. The Kaspa Monetary Policy outlines two primary phases for coin distribution: the Pre-deflationary Phase, which started on November 7th, 2021, and ended on May 8th, 2022, and the Chromatic Phase, where block rewards gradually decrease following a unique musical scale.
As of January 1st, 2023, it’s projected that about 15.3 billion KAS will have been mined, with this figure rising to approximately 25.1 billion by January 1st, 2025. By July 10th, 2026, it’s expected that 95% of all KAS will have been mined.
The mining rewards are calculated per second rather than per block to ensure a steady emission rate even if block rates change. This approach also aims to mitigate the dominance of ASIC miners by ensuring that most coins are mined before ASICs become prevalent.
Interestingly, the word “KASPA” has origins in Old Aramaic, where it means “money” or “silver.”
For more information or to connect with the Kaspa community, you can visit their official website, join their Discord, follow them on Telegram, Twitter, Reddit, or GitHub, and explore the blockchain using their Explorer. If you have any questions or comments, feel free to reach out or join the discussion on the Kaspa Discord under the username Bubblegum Lightning.
Read more about Kaspa’s Tokenomics, Emission, and Mining on their official website.