Sonic SVM has announced its native token, SONIC Token Economics. SONIC will serve as the native token of Sonic SVM and Multi-SVM ecology to drive long-term growth and development. The total supply is 2.40 billion, of which 57% is allocated to the community, including community and ecological development (30%), initial claim (7%) and HyperGrid reward (20%). TGE is scheduled for January 7, 2025, and the initial circulation accounts for 15% of the total. The eligibility check tool of the initial cl...
Pudgy Penguins announced the launch of its native token, PENGU. The total supply of PENGU is 888,888,888 billion and will be launched on Solana. The token distribution is as follows: Current and future teams (1-year lock-up period, 3-year vesting period): 17.8% Expansion: 4% FTT holders: 0.35% · Liquidity: 12.35% Public coordination: 4% · Pudgy community: 25.9% Company (1-year lock-up period, 3-year vesting period): 11.48% Other communities: 24.12%
Ethereum re-staking protocol Puffer Finance has published the token economics of its native token PUFFER, with a total supply of 1 billion. 7.5% of the total supply was used for the first quarter airdrop of Crunchy Carrot Quest. As part of the protocol guild's commitment, the PUFFER supply of 1% of the total supply will support Ethereum core development for a vesting period of 4 years. Ecosystem and community allocation of 40%, airdrop second quarter allocation of 5.5%, early contributors and ad...
Web 3 communication protocol WalletConnect will launch its native token WCT on Optimism. WalletConnect said registration for the WCT airdrop will open on September 24, and eligibility for the airdrop is based on usage of the WalletConnect network. WalletConnect CEO Houlgrave said that the initial supply of WCT tokens is capped at 1 billion, of which 18.5% or 185 million tokens will be allocated to the first quarter of the airdrop. Houlgrave said that the airdrop will cover end users of WalletCon...