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ETH $1,990.64 -0.32%
BNB $692.52 -2.35%
XRP $1.30 -2.18%
SOL $80.84 -0.91%
TRX $0.3442 -1.40%
DOGE $0.1000 +0.77%
ADA $0.2308 -0.87%
BCH $290.67 -2.85%
LINK $9.02 +0.06%
HYPE $73.28 +6.42%
AAVE $80.36 -1.08%
SUI $0.8775 +0.03%
XLM $0.2523 +1.47%
ZEC $554.25 +1.93%

Entangle announces NGL token economics, with 3% of tokens allocated for airdrops

2024-03-08 13:10:02
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ChainCatcher news, the cross-chain DeFi protocol Entangle has released the NGL tokenomics. The maximum supply of NGL tokens is 1 billion (to be achieved when the final Infra Reserve tokens are unlocked after 36 months), with an initial circulation of 21,565,000 tokens. Of these, 15% of the tokens will be allocated to the foundation; 12.8% will be allocated to the ecosystem; 41% will be allocated to the community and liquidity; 3.25% will be used for public sale; 27.95% will be allocated to strategic investors; and 3% of the tokens will be used for airdrops to reward users who contribute to the community for a period after the mainnet launch.

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