TechFlow reports that on March 2, Block Street—the stock execution layer on the Monad ecosystem—officially unveiled the tokenomics for its native token $BSB. The total supply of $BSB is 1 billion tokens, to be issued on both Ethereum and BNB Chain, with an initial circulating supply of 20.775% (207.75 million tokens).
The token allocation breakdown is as follows: Community & User Incentives (22.10%), Ecosystem Partners (20.60%), Exchanges & Marketing (10.65%), Treasury (5.65%), Team & Advisors (17.30%), Core Investors (15.70%), Strategic Investors (3.00%), and Liquidity (5.00%).
Earlier news reported that Block Street, the stock execution layer on the Monad ecosystem, raised $11.5 million in funding, led by Hack VC.
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