WAVES

WAVES is the native token of the Waves blockchain, used for transaction fees and block rewards to incentivize network maintenance and development. The more WAVES a block generator holds by ownership or lease, the greater its chance of adding the next block.

NOTE: You can get WAVES tokens.

Properties

  • Decimals: WAVES has 8 decimal places.

  • Units: The smallest unit, WAVELET, equals to 1/100,000,000 WAVES.

  • ID: The WAVES token ID is represented as null in the REST API.

  • Supply:

    • 100 million WAVES were issued at launch in April 2016.

    • Since October 2019, the activation of feature #14 introduced block rewards, increasing the total supply over time.

    • The current supply in WAVELETs is available via Data Services.

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