Lumoz announces token economics, with 66% of MOZ allocated to the community, ecosystem, and more

ChainCatcher message, the modular computing layer and RaaS platform Lumoz has announced the MOZ token economics, with a total supply of 10 billion MOZ tokens, 66% allocated to the community, ecosystem, nodes, and miners, and an initial circulation of about 11%. The specific allocation of tokens is as follows:

zkProver network 25%, zkVerifier nodes 25%, early contributors 16%, early investors a total of 18%, ecosystem 10%, community 6%. The MOZ tokens will be gradually unlocked over the next 10 years, at which point all MOZ will be fully circulated, and no additional issuance will occur.

Lumoz features a dual-token economic model, including the utility token MOZ and the equity token esMOZ. The main application scenarios for MOZ include transaction gas fees, resource usage fees, etc.; esMOZ can be used for participation incentives, delegating zkVerifier nodes, exchanging for utility tokens, and more. The exchange rate between the two is 1:1, and when esMOZ is exchanged for MOZ, there is a certain unlocking period, but users can exchange without an unlocking period by using Lumoz OG NFT.