TechFlow reports that the Kamino Finance Foundation, a composable automated liquidity management protocol in the Solana ecosystem, has released the KMNO token economics. The total supply of KMNO is 10 billion tokens, with an estimated initial circulating supply of 1 billion tokens. Of this, 750 million tokens are allocated for initial community distribution, and the TGE date is set for April 30, 2024.
KMNO token economics breakdown:
Community and grants: 35% (including 7.5% genesis distribution);
Liquidity and treasury: 10%;
Core contributors: 20%;
Key stakeholders and advisors: 35%.
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