Diams (DIAM) is the native currency of the Diamante blockchain network, serving as the foundation for all economic activity within the ecosystem. Unlike traditional tokens issued on the blockchain, DIAM does not require an issuer or trustline, making it inherently decentralized and integral to the network’s operation. Its primary use cases include paying transaction fees, covering account minimum balance requirements, and facilitating rent payments for ledger entries.
DIAM is the only token on Diamante that exists without an issuer or trustline. This differentiates it from other assets created on the network, which require explicit trustlines to interact with accounts.
It ensures a standardized mechanism for fees and balances across all network participants.
To prevent spam and manage network resources, every transaction on Diamante incurs a small fee, paid in DIAM.
The fee ensures fairness and efficiency by disincentivizing unnecessary or malicious transactions.
During periods of high demand, surge pricing may increase transaction costs, prioritizing higher-fee transactions for inclusion in the ledger.
Developers can optimize their applications using the official Fees, Surge Pricing, and Fee Strategies documentation.
Base Reserves are a fundamental unit used to calculate the minimum balance that an account must maintain to exist on the Diamante network.
Currently Diamante set (0.0000002 DIAM) They ensure that accounts have enough funds to cover their activities and prevent the network from being cluttered with inactive or underfunded accounts. Base reserves help maintain the integrity and efficiency of the network by ensuring that all accounts have a minimum amount of Diams to cover their operations.
Base reserves ensure that the ledger remains manageable by preventing excessive growth of subentries, such as trustlines or offers, that could otherwise bloat the network.
Each Diamante account must maintain a minimum balance to remain active.
The formula for calculating the minimum balance is
For example:
An account with one trustline, two offers, and a claimable balance (one claimant) will require:
2 × 0.0000002 = 0.0000004 DIAM
These are additional ledger entries associated with an account, such as:
Every subentry after that requires an additional base reserve (currently 0.0000002 DIAM) and increases the account’s minimum balance. Subentries include trustlines (for both traditional assets and pool shares), offers, signers, and data entries. An account cannot have more than 1,000 subentries.
When you close a subentry, the associated base reserve will be added to your available balance. An account must always pay its own minimum balance unless a subentry is being sponsored by another account. For information about this, see our Sponsored Reserves Encyclopedia Entry.
The Diamante blockchain maintains a well-defined and transparent token supply structure to ensure stability and trust within its ecosystem. The total supply of Diams (DIAM) is capped at a fixed limit, established during the genesis block. This fixed cap ensures DIAM’s scarcity, enhancing its value proposition as the native currency of the Diamante network.
The maximum number of DIAM tokens that will ever exist is predefined. This ensures there is no unchecked inflation or arbitrary token issuance.
This metric tracks the amount of DIAM actively in use or held in wallets, excluding tokens locked in reserve or other network functions.
Diamante has no inflation mechanism, making DIAM a deflationary asset in practice, as transaction fees permanently reduce the circulating supply.
DIAM distribution includes allocations for network participants, ecosystem development, and community initiatives, all managed transparently.
Fees paid in DIAM during transactions are effectively burned, gradually reducing the supply and increasing the value of remaining tokens.
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