TechFlow news, Self Chain has officially announced an update to the SELF token economics, extending the team's vesting period from 2 years to 6 years to support long-term and sustainable project development. According to disclosed information, the initial total supply of SELF tokens at the launch of the Self Chain mainnet will be 360 million, allocated as follows:
- Migration Allocation: 25%, or 90 million;
- Equity Investors: 10%, or 36 million;
- Validator Nodes / Growth Sales: 28%, or 100 million;
- Ecosystem: 19%, or 68 million;
- Foundation Nodes: 10%, or 36 million;
- Team: 8%, or 30 million.
The SELF tokens allocated to the team will have no release at mainnet launch, followed by a 12-month cliff, then monthly vesting over 72 months. Self Chain is described as a modular intent-centric access Layer 1 blockchain, and also provides wallet infrastructure services for multi-chain Web3 access using MPC-TSS/AA.
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