How many Venus \(XVS\) coins are in circulation?

The maximum total supply of Venus is 30 million XVS tokens, and as of November 2020, just over 4.2 million XVS tokens were in circulation.

Venus was one of the first platforms to launch a pool \(Launchpool\) on Binance, allowing users to farm XVS through staking various assets, including Binance Coin \(BNB\), Binance USD \(BUSD\), and Swipe \(SXP\). A total of 20% of the total supply \(6 million XVS\) was allocated to Binance Launchpool, and shortly after, the token was listed on the Binance spot exchange.

The project did not conduct a pre-sale or private sale, and tokens were not distributed to the team, but 1% of the total issuance \(300,000 XVS\) is reserved for grants to the Binance Smart Chain ecosystem. The remaining 23.7 million XVS tokens will be gradually unlocked over four years as they are mined by users of the Venus protocol.