News list for " its governance"
Solayer announced the token economics of its governance token LAYER. The maximum supply of LAYER tokens is 1 billion, and the initial circulation is 220 million. The distribution ratio is as follows: ① 51.23% is allocated to the community and ecosystem: 34.23% of which is allocated to continuous R & D, developer programs, ecosystem development and other user activities; 14% is used for community activities/incentives (12% is reserved for Genesis Drop, which includes rewards for early adopters ...
On January 9th, stablecoin issuer Avalon Labs announced in its official blog that the TGE event for its governance token AVL will be held at the beginning of Quarter 1, and the claim process will also open shortly thereafter. AVL will be launched on a centralized exchange (CEX) at the same time as TGE. The total supply of AVL tokens is capped at 1 billion, of which community incentive allocation accounts for 30%, airdrop allocation accounts for 20%, ecosystem and treasury allocation accounts for...
DuckChain announced the economic model of its governance token DUCK, with a total issuance of 10 billion, of which 77% is allocated to community and ecological development, including 50% for airdrops, 4% for liquidity, 3% for marketing, and 20% for ecological development. The remaining 10% is allocated to investors, 10% to teams, and 3% to advisors. DUCK is DuckChain's governance token, which supports core functions such as governance, staking, and gas payment, and promotes long-term development...
RWA stablecoin USDz issuer Anzen Finance has announced the token economics of its governance token ANZ, with a total supply of 10 billion ANZ tokens and an initial circulating supply of 10.7%.
The SSV Network recently submitted two important proposals at its Governance Forum, which are currently under discussion. The first proposal seeks to continue and extend the previous DIP-16 community and marketing management proposal, seeking additional funding for new events and marketing services. The proposal requests $191,830 and $150,000 in SSV tokens for PR, conferences and specific marketing campaigns, and an additional request for $1 million in SSV tokens as compensation for previous wor...
Renzo Protocol announced the launch of its governance token REZ on Solana to enhance its presence in the blockchain ecosystem and leverage Wormhole's native token transfer framework. REZ is initially deployed on Ethereum and will be transferred to Solana using Wormhole's framework. The Guardian network utilizes secure cross-chain proofs to ensure the transfer of tokens between Ethereum and Solana. REZ on Solana will remain pegged 1:1 to REZ on Ethereum. The press release also states that the tok...
On July 18th, Infinex, a subsidiary of Synthetix, announced the distribution and migration plan of its governance points. Speedrun allocated 60% of the total, and the rest of the airdrops were mainly focused on community and NFT-related holder incentives. The governance points held by users outside the Infiniex account need to be transferred to the Infinex account. The corresponding NFT holders or account holders need to connect the corresponding wallet or fill in the form. The migration process...
On June 13, Bounce Brand posted on X that TNA will launch its governance token BN on Bounce Launchpad, and users can apply for BN distribution by staking AUCTION.
On May 7th, Mode, an L2 network built on OP Stack, will launch the airdrop application for its governance tokens at 19:00 Beijing time on May 7th. During this initial phase, Mode will distribute 550 million Mode tokens, accounting for 5.5% of its total 10 billion token supply. The allocation is designed to be based on the pattern points held by users, which were initially distributed during the "ModeSunrise" event in January. Shortly after the application is launched, Mode tokens are expected to...
7x24 Newsflash
Hot News
