Solayer announced the LAYER token economics model, with 51.23% of the total supply allocated for the community and ecosystem

ChainCatcher news, according to official information, Solayer has announced the LAYER token economics, with a maximum supply of 1 billion tokens and an initial circulation of 220 million tokens.

Of this, 51.23% is allocated for the community and ecosystem, 17.11% for core contributors, 16.66% has been sold to investors, and 15% is for the Solayer Foundation to support product expansion and network development. LAYER will be used for governance, protocol upgrades, ecosystem incentives, and future blockchain validation rewards.