Reya announces token economics and will conduct token sales on Coinlist

DEX Reya announces its tokenomics. The total supply of tokens is 8 billion, with the distribution as follows: Community 45%, Community Sale 2%, Liquidity 3%, Foundation 10%, Team 17.5%, Future Team 5%, Investors 17.5%. The Reya Labs team and investor tokens will be locked for 1 year, followed by a 3-year monthly linear unlock. Distribution will begin with an airdrop to Reya users starting from the TGE, followed by multiple rounds of airdrops, with specific timing and amounts determined by the foundation.

Reya will conduct a token sale on Coinlist from November 25 to December 2, selling 160 million tokens at a price of $0.01875, corresponding to an FDV of $150 million. 50% will be unlocked at TGE, and the remaining 50% will be linearly unlocked within 6 months after TGE. The minimum purchase amount per account is $100, with priority given to small purchase requests.