The supply of MANA is divided into three main indicators:
Max Supply: 2,193,179,327 coins, which is the permanent limit for MANA.
Total Supply: Refers to the total MANA that has been issued and not destroyed, currently approximately 2.19B.
Circulating Supply: The number of tokens that can be freely traded in the market, approximately 1.90B by mid-2025.
These three are closely related; the circulation reflects market activity, while the DAO and contract inventory are included in the total supply, with the maximum supply being the theoretical limit.
Decentraland was issued in the ICO in 2017, and subsequently, due to LAND auctions and market transactions, tokens have been continuously burned, gradually reducing the total supply.
Burning mechanism: When users purchase virtual land and NFTs, a portion of MANA is destroyed, promoting deflation.
DAO Governance: Token holders can participate in governance voting and community proposals, influencing platform upgrades and token distribution.
The platform's latest developments, such as the 2.0 white paper, will introduce AI-driven NPCs and multi-chain interoperability, boosting the utility and demand for MANA.
Token burning can directly reduce circulation, providing support for the price.
The release of DAO incentives may temporarily increase circulation, requiring close attention to community proposals and issuance rhythm.
Land auctions and ecological upgrades help boost Token demand, stimulating consumption and further driving up prices.
Users can purchase MANA on mainstream exchanges like Gate and participate in DAO voting, LAND auctions, and NFT purchases. A low entry point and gradual learning of on-chain governance and ecosystem operations is the best path for beginners to make a stable investment.
The dynamic supply of MANA and the governance structure of the DAO form the economic foundation of Decentraland. In the future, with the advancement of cross-chain technology and the expansion of content consumption scenarios, its deflationary trend and governance mechanisms will continue to empower, making it worthy of investors' attention and participation.