Spheron Network (SPON) has launched and announced its token economic model, with airdrops and bounties accounting for 9.01%

ChainCatcher news, according to the official announcement, the SPON token is officially launched. Spheron has released the SPON token economic model, and after the TGE, the internal accounting token uSPON will be gradually phased out, fully transitioning to SPON as the main economic token of the network. Users who have obtained uSPON will have 100% of the equivalent SPON unlocked at the TGE, while users who have not obtained uSPON but have points will have a 2-month lock-up period, followed by a 6-month linear release.

In the total token supply distribution, network rewards account for 24%, team and advisors for 21.4%, airdrops and bounties for 9.01%, liquidity for 5%, and the remaining portion allocated to investors, ecosystem, foundation, etc. After the TGE, 41.75% of the airdrop rewards will be released immediately, with the remaining portion distributed linearly on a monthly basis. The project team stated that the token model aims to promote long-term value growth and ecological sustainability.