TechFlow news, January 10 — According to an official announcement, the lending protocol Timeswap has released its TIME tokenomics model. The total supply of TIME is set at 1.75 billion tokens, with an initial circulating supply of 20% (10% airdrop + 10% community round). Of the total allocation, 50% is designated for the community, including: 10% reserved for a discounted community round via Fjord Foundry, and 10% reserved for retroactive rewards—of which approximately 3.6% is allocated for pre-mine and the remaining 6.4% for airdrops. The initial circulating supply at TGE includes only the aforementioned 20%. The remaining 30% is reserved for future distribution through liquidity mining, ecosystem development, grants, etc., with a maximum of 10% unlockable annually.
In addition, 20% is allocated to the team, with a 12-month lock-up period and a 36-month vesting schedule; 15% is allocated to investors, with a 6-month lock-up and a 24-month vesting period; and 15% is allocated to the treasury for future ecosystem development, liquidity provision, market making, and related uses. Timeswap stated it will conduct a community sale on Fjord Foundry, with further details to be announced in the coming days.
