TechFlow, June 23 — According to official announcements, Mango Network, a Move-based Layer1 public blockchain, has released its MGO tokenomics with a total token supply of 10 billion. The token distribution is as follows:
20% allocated to the POS staking pool;
20% allocated to the foundation;
17% allocated to the ecosystem innovation fund;
15% allocated to the team and early contributors;
5% allocated to testnet airdrops;
15% allocated to investors;
5% allocated to mainnet airdrops;
3% allocated to advisors.
Mango Network is a Layer1 public chain serving as a Multi-VM omnichain infrastructure designed to address multiple pain points in Web3 applications and DeFi protocols, such as fragmented user experience and liquidity fragmentation. By integrating the core advantages of OPStack technology and MoveVM, it builds an efficient blockchain network that supports cross-chain communication and multi-virtual machine interoperability, delivering secure, modular, and high-performance Web3 infrastructure for developers and users.
