The total supply of Blast tokens is 100 billion, and the initial airdrop is 17 billion

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Odaily2024/06/25 17:25

By:Odaily

Odaily News According to official news, the Blast token economic model shows that the total supply of BLAST is 100 billion, 50% of which will be airdropped to the community, with an initial airdrop of 17 billion. 1. 25.5% is allocated to core contributors, with a 4-year lock-up period, of which 25% of the core contributors airdropped tokens will be unlocked 1 year after the TGE is released, and then unlocked once a month; 2. 16.5% is allocated to investors, with a 4-year lock-up period, of which 25% of the investor tokens will be unlocked 1 year after the TGE date, and then unlocked linearly every month for the next 3 years; 3. 8% is allocated to the Blast Foundation as a reserve fund for ecological development. From the TGE date, the foundation grant will be unlocked linearly within 4 years.

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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