TechFlow News – According to its official Twitter, Hedge, a lending protocol within the Solana ecosystem, will launch the mainnet beta version at 1:00 AM Beijing time on May 20, with SOL serving as the initial collateral.
Additionally, Hedge has released its tokenomics model. The total supply of its HDG token will be 10 million, with 60% allocated to the community. Of these 6 million community tokens, 45% will be distributed as liquidity and stablecoin mining rewards, 5% will be used for incentives such as airdrops, and 10% will go to the Hedge treasury. Another 10% of the total supply will be allocated to existing investors, 5% reserved for future fundraising, and 25% allocated to current and future team members and advisors.
Previously, Hedge announced it had raised $3.7 million in a seed round led by Race Capital, with participation from Pantera Capital, DCM, Solana Ventures, Shima Capital, and others.
