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BTC $79,024.07 -2.94%
ETH $2,219.09 -3.35%
BNB $672.22 -1.26%
XRP $1.43 -4.47%
SOL $89.18 -3.77%
TRX $0.3516 -0.51%
DOGE $0.1135 -2.43%
ADA $0.2612 -4.19%
BCH $425.01 -2.88%
LINK $10.06 -4.79%
HYPE $44.10 +0.34%
AAVE $92.70 -6.79%
SUI $1.09 -8.85%
XLM $0.1543 -5.84%
ZEC $515.91 -8.31%

red­dio

Ethereum L2 Reddio announces token economic model: total supply of 10 billion, with 8% allocated to community distribution

ChainCatcher news, according to the official announcement from the Ethereum Layer2 network Red­dio, the token economic model for RDO has a total supply of 10 billion tokens, which are allocated as follows:Community (8.00%): Aimed at accelerating user adoption and rewarding early supporters through marketing activities, airdrops, community incentives, and educational initiatives.Security and Network Incentives (25.00%): The largest portion allocated for mining rewards, which contribute computational resources to the proof-of-authority consensus layer. This allocation has a 10-year no-cliff period, enhancing long-term network security and validator loyalty.Ecosystem Growth (22.76%): Supports project development, grants, partnerships, and the launch of dApps. Nearly half (70.1%) of this funding will be unlocked at TGE, facilitating immediate growth activities, while the remainder will vest after 48 months.Treasury (6.96%): Held for operational flexibility, liquidity provisioning, and emergency actions under DAO governance. At TGE, 15% is liquid, with the remaining portion unlocking linearly over four years.Contributors (21.80%): Allocated to core team members and early builders. A 12-month cliff ensures commitment, followed by a 24-month linear vesting. This aligns with long-term incentives and ensures continuity of contributions.Strategic Investors (15.48%): Aimed at early supporters providing funding and market support. Tokens will undergo a 6-month cliff period, followed by an 18-month linear vesting period. This timeline promotes strategic alignment while preventing speculative pressure.
Ethereum L2 Reddio announces token economic model: total supply of 10 billion, with 8% allocated to community distribution
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