Decred 

DCR Price

What is the Decred coin?

Decred (DCR) is a native Layer 1 cryptocurrency focused on on-chain governance, launched in February 2016 as a modified fork of Bitcoin. Every block is secured by proof-of-work miners and validated by proof-of-stake ticket holders, which gives coinholders direct voting power over protocol rules. The ecosystem includes the dcrd full node written in Go and the Decrediton desktop wallet.

Is Decred a coin or a token?

Decred is a coin: DCR is the native asset of its own blockchain, not a token issued on another chain. DropsTab records one tokenized wrapper, a wrapped DCR contract on the Energi network, verifiable on the Energi explorer. Native DCR carries no ERC-20 representation.

How does Decred's hybrid proof-of-work and proof-of-stake consensus work?

Proof-of-work miners produce Decred blocks, and proof-of-stake ticket holders validate each block before final acceptance. Purchasing a ticket requires locking DCR, and live tickets are randomly selected to vote on new blocks. The hybrid design splits consensus power between miners and coinholders, so neither group can change protocol rules unilaterally.

Can holders earn Decred staking rewards?

Yes. Staking DCR means locking coins into tickets that wait in a queue. A selected ticket votes on a block, and the ticket holder receives a share of that block reward plus the locked DCR back. Tickets that reach expiry without being called return the locked amount unrewarded. Each staked ticket also carries one governance vote.

What is Decred's maximum supply and emission schedule?

Per DropsTab data, Decred's maximum supply is capped at 21,000,000 DCR, mirroring Bitcoin's cap. Emission follows a different path: the genesis block subsidy of 31.1958 DCR decreases by a factor of 100/101 every 6,144 blocks, roughly every 21.3 days. This continuous decay converges on the 21 million cap asymptotically. New DCR enter circulation only through block rewards.

Did Decred hold an ICO or raise venture capital?

Decred held no ICO, no token sale and took no venture capital. Contractor Company 0 self-funded initial development from April 2014, absorbing about $415,000 in bring-up costs. The project repaid that work from a 4% genesis allocation, priced at $0.49 per DCR or exchanged for labor. Since launch, development has been financed by the on-chain treasury.

What did Decred's airdrop involve and who qualified?

Decred distributed 840,000 DCR, 4% of the genesis allocation, free of charge to community members. Registration opened with the project announcement on December 15, 2015 and closed January 18, 2016. Coins were distributed evenly across registered participants. The airdrop completed with the mainnet launch on February 8, 2016, and no comparable distribution event has run since.

Does Decred have a vesting schedule or unlock overhang?

Decred has no vesting schedule and no scheduled unlock dates. All premined coins entered circulation at or near the February 2016 launch, so no cliff expiries exist. Ongoing supply growth comes only from block rewards, with 10% of each reward accruing to an on-chain treasury. No large insider unlock overhang exists.

How does Decred's on-chain governance work?

Stakeholders vote directly on protocol changes, and approved upgrades activate automatically on-chain. Decred completed formal stakeholder votes in 2017, 2019, 2022 and 2023. Treasury spending follows the same route: anyone submits a proposal to Politeia, the project's proposal platform, and ticket holders approve or reject it. The design removes dependence on a foundation or outside funders.

Where is DCR traded?

Per DropsTab data, DCR trades on at least nine centralized spot exchanges, including Binance, Kraken and KuCoin. Pairs are quoted against USDT, with Kraken offering DCR/USD. The listed venues are spot-only CEX markets. For self-custody trading, the project operates DCRDEX, a non-custodial atomic-swap exchange with no KYC and no trading fees.