Yala releases token economics: total supply of 1 billion tokens, 3.4% allocated for airdrop
ChainCatcher news, according to Yala's announcement, the token YALA has been launched, and the tokenomics has been revealed, with a total supply of 1 billion tokens (fixed), with specific allocations including:
- Investors (15.98%), locked for 1 year, followed by 18 months of quarterly vesting;
- Ecosystem and Community (20%), 45% unlocked at TGE, with the remaining 55% released linearly over 24 months;
- Foundation and Treasury (29.12%), 30% unlocked at TGE, 1 year lock-up period, followed by 36 months of linear vesting;
- Marketing (10%), 20% unlocked at TGE, 1 year lock-up, followed by 24 months of linear vesting;
- Team (20%), locked for 1 year, followed by 24 months of linear monthly vesting;
- Airdrop (3.4%), distributed in one go to early adopters, testnet and mainnet participants, and users who made significant contributions to the Yala and Yeti Footprints programs, fully unlocked at TGE;
- Market Makers (1.5%), vesting schedule to be negotiated in the market-making agreement.
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