TechFlow news, September 8: OORT has updated its token economic model. The total supply of OORT is 2 billion tokens. Key changes include:
1. 400 million $OORT tokens will be allocated over the next five years as rewards for OORT Edge network nodes. Additionally, 800 million $OORT tokens will be locked for five years starting from September 15, 2024. The lock-up address will be announced soon;
2. The vesting period for the 200 million $OORT tokens allocated to the founding team has been extended from four to six years.
This update aims to make the OORT ecosystem more decentralized and transparent, better aligning with the long-term healthy development goals of the OORT ecosystem.
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