L1 Blockchain Self Chain Announces Token Economics with Total Supply of 360 million
2024-05-31 17:45:00
L1 blockchain Self Chain announced the token economics, and the total supply of SLF tokens is 360 million. Distribution method:
Migration Allocation (25%): This allocation allows certain token holders to seamlessly migrate their tokens to an on-chain SLF, ensuring a smooth transition.
Equity Investor Allocation (10%): Recognize early adopters of Self Chain through this allocation, recognizing their role in the development of the project.
Validator nodes/growing sales (28%): Self Chain seeks to expand its validator network, inviting celebrities to enhance network decentralization.
Ecosystem (19%): Foster ecosystem programs through grants and incentives to promote meaningful contributions to Self Chain projects.
Foundation Nodes (10%): The Self Chain Foundation will run a set of foundation nodes to ensure the stability and functionality of the blockchain when it is born.
Team (8%): A portion of SLF tokens is allocated to the Self Chain team and core developers to support long-term research, development, and ecosystem initiatives.