UpTop.meme announces token distribution model
ChainCatcher news, the liquidity protocol UpTop.meme on the BNB Chain has announced its token allocation model. Of this, 49% will be used for the ecosystem (as mining incentives to increase liquidity users. Starting from the first day of official launch, 500,000 tokens will be unlocked weekly, with a total unlocking period of 18.85 years), 20% will be used for extreme risk protection (only unlocked in extreme cases where more than 50% of user assets are stolen), 10% will be allocated to the team (locked for 5 years from the TGE).
Starting in 2031, tokens will be gradually unlocked at a rate of 2% per year, but strict conditions must be met: the token price at that time must reach 200% of the price in the same period of the previous year to trigger the 2% unlocking. If the conditions are not met, no tokens will be unlocked that year), 10% will be used for TGE on Four.meme, 9.8% will be used for marketing activities, 1% will be used for liquidity, and 0.2% will be allocated to the community.