AltLayer announces token economics and airdrop standards

ChainCatcher news, AltLayer published the tokenomics, with a total supply of 10 billion tokens, an initial circulating supply of 1.1 billion tokens, 18.5% allocated to investors, 5% to Binance Launchpool, 15% to the team, 5% to strategic advisors, 20% for protocol development, 21.5% for the treasury, and 15% for the ecosystem and community.

It is reported that the airdrop targets include: AltLayer OG Badge NFT holders, Oh Ottie! NFT holders, qualified participants of the Altitude event, eligible EigenLayer re-stakers, and Celestia stakers. The snapshot time is January 17, 2024, at 8:00:11 (Ethereum block height 19022890).