The Cherry Token ($CHER) is the currency of the Cherry Network. Its primary purpose is to pay for the fees incurred when users access network resources.
Frequently Asked Questions
What is the difference between Total Supply, Circulating Supply and Maximum Supply?
Total Supply is the number of Cherry tokens currently existing and in circulation or reserved or blocked in some way (for example created and not yet placed on the market). Circulating Supply is the number of publicly available tokens circulating in the market. Cherry Token's Maximum Supply is the maximum token supply and refers to the maximum number of tokens that will ever be generated.
What is the current circulating supply of $CHER?
You can review the current circulating supply of the Cherry Token through CoinMarketCap and CoinGecko but also through the Economics page of Cherry's website.
What is the Cherry Token maximum supply?
There is no maximum supply of the Cherry Tokens. Each new block, a changing number of new CHER tokens are issued and distributed to the validators, stakers, treasury, and storage providers within the Cherry blockchain. This token emission will continue for the existence of the Cherry Chain as this is the means by which the network incentives its participants to act correctly. You can review the token emission schedule for the next five years here.