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ETH $1,843.46 -0.33%
BNB $567.11 -0.73%
XRP $1.08 -0.02%
SOL $75.28 +0.28%
TRX $0.3225 +0.30%
DOGE $0.0726 +0.86%
ADA $0.1681 +5.33%
BCH $218.80 -1.53%
LINK $8.27 -0.03%
HYPE $59.71 -1.00%
AAVE $89.48 -1.24%
SUI $0.7393 +0.02%
XLM $0.1850 +0.96%
ZEC $549.08 +4.01%

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

2024-03-08 13:10:02
Collection

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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