MANA long/Short

MANA is Decentraland’s fungible, ERC20 cryptocurrency token. MANA is burned, or spent , in exchange for LAND parcels. For a current summary of critical stats like total and circulating supply, please visit our MANA Token Information transparency dashboard.

After the purchase of land with MANA tokens, the currency will be “burned” and a new entry in the LAND registry will be created.

The total MANA supply following the token sale was 2,644,403,343. Following a community vote, this is now an ever reducing supply (deflationary) , due to a 2.5% MANA marketplace fee (which is burned and removed from supply) every time a parcel of LAND, avatar or wearable is sold.