Spacemesh is a Layer 1 blockchain implementing a Proof-of-Space-and-Time consensus mechanism. Its native coin is SMH. The total supply of 2.4 billion SMH is composed of 2.25 billion rewards issued by decaying emissions until January 6, 3916, and 150 million coins placed in “vaults” at the genesis of the blockchain, for investors, staff and the Spacemesh company. The vaulted coins began unlocking on a layer-by-layer basis on July 14, 2024 and will unlock linearly for three years.
This interactive website—brought to you by the makers of SmeshWallet—allows you to explore the circulating and total supply at various points in time, as well as monitor how much of the vaulted tokens are unlocked, and have been withdrawn.