TechFlow news — Blur has released its tokenomics model: the BLUR token will be used for community governance, granting holders the right to control the protocol's value accrual and distribution. Governance powers also include setting protocol fees (up to 2.5%) six months after launch and allocating community grants. The total supply of BLUR is 3 billion tokens, with 51% allocated to the community, 29% to past and future core contributors (distributed over four years, with transfer limits lifted in the first four months), 19% to investors (distributed over four years, with transfer limits lifted in the first four months), and 1% to advisors (distributed between years 4 and 5, with a linear release over 4–16 months).
Of the 51% allocated to the community, 360 million tokens (12%) are designated for this initial airdrop, while the remaining 1.17 billion tokens (39%) will be distributed to the community through contributor grants, community initiatives, and incentive programs. Within this 39%, 10% (117 million) has already been confirmed for the next round of incentives. According to the plan, these 1.17 billion tokens will be distributed at 40% in the first year, 30% in the second year, 20% in the third year, and 10% in the fourth year.Source link
