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BNB $739.78 -1.71%
XRP $1.40 -1.86%
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TRX $0.3343 -0.29%
DOGE $0.0905 -0.31%
ADA $0.2203 -1.57%
BCH $259.22 -0.54%
LINK $12.74 -3.45%
HYPE $85.16 -3.09%
AAVE $131.65 -3.51%
SUI $0.8187 +0.98%
XLM $0.1936 +3.18%
ZEC $1,140.43 -6.86%

Layer1 project Shardeum announced the token SHM economic model: 51% as node rewards, 49% allocated to the foundation and ecosystem

2023-04-20 16:29:01

ChainCatcher message, according to the Layer1 project Shardeum's announcement of the SHM token economic model, the total supply is approximately 508 million. 49% of its tokens will be allocated to the foundation, ecosystem, team, and sales accounts, while the remaining 51% will be used as node rewards.

At the launch of the mainnet, the foundation will receive 11% of the total supply of 508 million tokens, and the ecosystem will receive 5%.

Three months after the mainnet launch, the tokens for the team and sales accounts will begin to be released in phases, accounting for 15% and 18% of the total token supply, respectively. (Source link)

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