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ZEC $289.73 -6.10%

Zircuit announces ZRC token economics: total supply of 10 billion tokens, 21% allocated for airdrops and community rewards

2024-11-22 21:09:35
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According to ChainCatcher news and information disclosed by Zircuit, the tokenomics shows that the total supply of ZRC tokens is 10 billion, of which:

21% is allocated for airdrops and community rewards, making it one of the projects with the most airdrops among all L2s, including:

  • 7.00% for Season 1 airdrop: unlocked at TGE;
  • 3.00% for Season 2 airdrop: unlocked at TGE;
  • 2.45% for activities (Fairdrop, Catizen, Binance Web3, etc.): unlocked at TGE;
  • 8.55% for future airdrops and rewards: 6 months and 12 months cliff period, then 24 months linear vesting;

13.08% for the community: 1 year cliff period, then 24 months linear vesting;

17.93% for ecosystem development: 1 year cliff period, then 24 months linear vesting;

18.70% for the foundation: 1 year cliff period, then 24 months linear vesting;

18.74% for the team: 1 year cliff period, then 24 months linear vesting;

10.55% for investors: 1 year cliff period, then 24 months linear vesting.

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