To learn more about LRC token, checkout https://etherscan.io/address/lrctoken.eth or https://etherscan.io/token/0xEF68e7C694F40c8202821eDF525dE3782458639f.
The current circulating supply is 734,089,390 LRC, 52.6% of the total LRC supply.
NOTE: There is a discrepancy regarding the circulating supply between this document (734,089,390 LRC) and coinmarketcap.com (561,167,415 LRC as of Jan 17, 2018). This is because we use different standards; the Loopring Foundation considers the LEAF fund as part of the circulating supply although only a portion of it is actually in circulation.
The foundation controls the following addresses:
|0x7B22713f2e818fad945AF5a3618a2814F102cbe0 (iceboxm, circulating in 2 years)||279,015,212|
The following addresses contain LRC that are burned by either the foundation or some users (Nobody can transfer these LRC out to another address).
|0xEF68e7C694F40c8202821eDF525dE3782458639f (LRC Token Contract)||119,186|
Additionally, the following LRC are not under our control but will not circulate until their respective stated times.
|[addresses not available] (institutional investors, circulating after Sept 2018)||100,065,000|
|0x239dE3a0D6ca5f21601f83327eA2174225eB7156 (long-term plan, circulating after March 2019)||115,322,523|
We consider the aforementioned three groups of LRC not in circulation, therefore we have:
|Address Group||LRC Balance||Percentage|
|Long-term Incentive Plan||115,322,523||8.3%|
|Circulating Supply (including LEAF and mid-term incentive plan, see below)||734,089,390||52.6%|
LEAF (Loopring Ecosystem Advancement Fund) was set up to support the development of the Loopring ecosystem. Currently 16.8% of the total supply was put into LEAF, and we will put an additional 3.2% in the next four years.
|0x8b34fbc553db3462ad4909f2e5577cc22f63c216 (Mid-term incentive plan)||39,261,025|
- Loopring foundation is determined to reward a considerable portion of LRC tokens to developers, partners, and community contributors; the circulating supply will increase over time.
- All the above numbers are collected and calculated on Sept 25th, 2017 and may not be updated in time to reflect the facts when you read this document.