Total issuance
The exact quantity of VARA represented in the runtime's Balances.TotalIssuance state.
In plain language
It changes when tokens are issued or burned and can be verified at a historical block.
Why it matters
It is the correct chain-state value for confirming supply-adjustment referenda.
Real Vara examples
| Referendum | Governance | Execution | Direct addresses |
|---|---|---|---|
| #23 Return total VARA issuance to exactly 10 billion This referendum reduced total issuance by 3,851.083448969781 VARA, returning the network to exactly 10 billion VARA. | Executed | Dispatch succeeded | 45 |
| #58 Burn 22,526,355.840659541372 VARA from the inflation-offset pool This referendum burned the accumulated 22,526,355.840659541372 VARA inflation offset and returned total issuance to exactly 10 billion VARA. | Executed | Dispatch succeeded | 52 |