QLC is the protocol token on the QLC Chain. By holding and staking QLC, people can access to a variety of rights, including issue tokens for the communication services, receive Q-Gas, vote for ledger update and more. More information can be found on the official website qlcchain.org.
The fuel token in this economy QGas is the fuel token on Go-QLC. QLC holder can be benefit from QGas requirement when communication service provider deploys its service on Go-QLC such as massive A2P sms globally billing and clearance. Q-Gas are burnt from the network once consumed.
The total staked QLC is updated once per day
Total QGAS supply: 100 million
Circulating QGAS supply: 3,672,400
Burned QGAS: 250,562
QGAS supply calculator
- The pool for voting nodes has a total circulation of 100 million, distributing through 33 years, which equals to 8,302 QGas per day.
- Miner nodes (100K QLC minimum) (QGas Distribution Mechanism on the QLC Chain)
- QGas are burned from the network once consumed.