Bonded Tokens Vs Circulating Supply

Understanding the Difference: Bonded Tokens vs. Circulating Supply

（本文档的中文版本在下方。）

Bonded tokens refer to tokens that have been staked or locked in a blockchain network, typically as part of a proof-of-stake (PoS) consensus mechanism. These tokens are “bonded” or committed by the token holders (validators or delegators) to support the network’s operations, such as validating transactions and securing the network.

Circulating supply refers to the total number of coins or tokens that are currently available and circulating in the market. This supply includes all the tokens that are in the hands of the public and can be traded, spent, or used in transactions.

The SLF circulating supply will increase as the FRONT migration progresses and as block rewards are issued to validators for securing the network.

Self Chain is a Delegated Proof of Stake (DPoS) Blockchain, to protect the system from a 51% attack when a single entity or a colluding group controls more than 50% of the voting power or delegated stake in the network, the vested tokens can be bonded helping secure the network making it more resilient against attacks and ensuring its proper functioning.

The system operates similarly to other DPoS blockchains like Sui, Aptos, and Celesia, among others:

Project

Bonded Tokens

Circulating Supply

Explorer

Sui

7,961,000,000 SUI

2,679,000,000 SUI

suiscan

Aptos

873,000,000 APT

485,000,000 APT

aptoscan

Celesia

784,500,000 TIA

208,000,000 TIA

celenium

Kava

138,000,000 KAVA

1,082,000,000 KAVA

mintscan-kava

Osmos

357,000,000 OSMO

680,000,000 OSMO

mintscan-osmos

Self Chain

221,000,000 SLF

97,000,000 SLF

selfchainexplorer

In conclusion, bonded tokens are distinct from the circulating supply. In the early stages of a network, a higher amount of bonded tokens enhances security, as seen in networks like SUI, Aptos, and Celesia. As the network matures and stabilizes, the number of bonded tokens typically decreases in relation to the circulating supply, similar to what we observe with KAVA and Osmosis.

以下为中文翻译版：

Bonded tokens 是指在区块链网络中被质押或锁定的代币，通常是作为权益证明（PoS）共识机制的一部分。这些代币由代币持有者（验证者或委托人）“绑定”或承诺，以支持网络的运作，如验证交易和保障网络安全。

流通供应量是指当前市场上可用并流通的硬币或代币总数。这一供应量包括在公众手中并可以交易、消费或用于交易的所有代币。

随着 $FRONT 迁移的推进以及网络验证者因保护网络而获得区块奖励，$SLF 的流通供应量将逐步增加。

Self Chain 是一个委托权益证明（DPoS）区块链，为了保护系统免受 51% 攻击（即单个实体或联合团体控制网络中超过 50% 的投票权或委托权益），已锁定的代币可以被绑定以帮助保障网络安全，提升其抵御攻击的能力并确保其正常运作。

该系统的运行方式类似于其他 DPoS 区块链，如 Sui、Aptos 和 Celesia 等：