CORE, the intrinsic utility token of the blockchain, serves dual purposes—staking and covering gas fees. Adhering to Bitcoin's token model, CORE has a fixed supply of 2.1 billion. Following a methodology akin to Ethereum, the network commits to burning a portion of block rewards and gas fees. The emission of tokens is spread across an 81-year schedule. A key aim is to entice Bitcoin miners to channel their hash power to the network post the anticipated decline in Bitcoin mining rewards around 2040.
- Node Mining (839.9M CORE tokens; 39.995% of the total supply): distributed over 81 years.
- Users (525.6M CORE tokens; 25.029%): Core launched a first airdrop in February 2023.
- Contributors (Existing and Future) (315M CORE tokens; 15%)
- Reserves (210M CORE tokens; 10%)
- Treasury (199.5M CORE tokens; 9.5%)
- Relayer Rewards (10M CORE tokens; 0.476%) Show Less