TechFlow news: Layer2 project Zircuit has announced that the $ZRC token transfer restrictions will officially be lifted on November 25, and $ZRC trading will commence at 10:00 UTC (18:00 Beijing Time) on November 25, 2024.
According to the previously released tokenomics model, the total supply of $ZRC is 10 billion, with the following allocation:
Airdrops and community rewards account for 21%: 7% for Season 1 airdrop, 3% for Season 2 airdrop, and 2.45% for event rewards—all unlocked at TGE; an additional 8.55% is reserved for future airdrops and rewards, subject to 6-month and 12-month lock-up periods, followed by linear vesting over 24 months;
Community reserve accounts for 13.08%: 1-year lock-up, followed by linear vesting over 24 months;
Ecosystem development accounts for 17.93%: 1-year lock-up, followed by linear vesting over 24 months;
Foundation accounts for 18.7%: 1-year lock-up, followed by linear vesting over 24 months;
Team accounts for 18.74%: 1-year lock-up, followed by linear vesting over 24 months;
Investors account for 10.55%: 1-year lock-up, followed by linear vesting over 24 months.
