TechFlow reported that Smart Layer has released the tokenomics for SLN, with a maximum supply of 100 million tokens.
The allocation breakdown is as follows:
- Seed investors: 6.8125%, 6-month cliff, linear vesting over 18 months;
- Other investors: 19.6364%, 6-month cliff, linear vesting over 12 months;
- Team and equity investors: 22.96%, 6-month cliff, linear vesting over 36 months;
- Node rewards: 20%, distribution begins on February 1, 2025;
- Ecosystem fund: 18.4%, TGE: 20%, linear vesting over 48 months;
- Treasury/reserve: 4%, TGE: 100%;
- Community incentives pool: 4%, TGE: 100%;
- Marketing and collaborators: 2.1911%, TGE: 100%;
- Airdrop: 2%, TGE: 100%.
Earlier report, Smart Layer announced on X that the SLN token airdrop will account for 2% of the total supply, with the SLN airdrop going live at 15:30 Singapore time on February 23, 2024. The claim page is now open.
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