TechFlow news: Cross-chain lending protocol Pike Finance has released its tokenomics.
Token Allocation and Release Schedule
- Token Name: P
- Maximum Supply: 2,140,000,000
- Initial Circulating Supply: 411,950,000
- Token Format: Native ERC20 and SPL (using Wormhole's native token transfer framework)
- Vesting: 80.75% of P is initially locked and will be unlocked over a 43-month release schedule
P Token Allocation covers seven categories:
- 22% for Community Treasury
- 15% for Core Contributors and Investors
- 8% for Strategic Partners and Ecosystem
- 15% for Liquidity Incentives
- 20% for Staking Incentives
- 15% for Community Distribution
- 5% for Community Treasury
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