Glossary
Circulating Supply
The amount of ZEC that has been mined and is publicly available, out of the 21 million max supply.
Circulating supply refers to the number of ZEC coins that have already been mined and are in public circulation, as opposed to the fixed 21 million max supply that will eventually exist. Circulating supply grows over time as new blocks are mined, at a rate set by the block reward and halving schedule.
Explained in context: How Many Zcash Are There? →
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