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Vertex announces token economics, the total number of VRTX tokens is 1 billion, and early user incentives account for 10%

Vertex announces token economics, the total number of VRTX tokens is 1 billion, and early user incentives account for 10%

CointimeCointime2023/11/12 07:30
By:Cointime

According to Vertex's announcement on X platform, they have released a total of 1 billion VRTX tokens with the following specific allocation percentages: 24% for continuous incentives, 10% for airdrops, 8.8% for investors, 1% for initial liquidity, 5% for future contributors, 9% for ecosystem support, 0.5% for consulting fees, 11.7% for protocol treasury, and 20% for the team.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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