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XRP $1.42 +1.75%
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TRX $0.3389 +1.42%
DOGE $0.0900 -0.56%
ADA $0.2200 +0.11%
BCH $258.51 +0.14%
LINK $12.53 -1.56%
HYPE $84.99 -0.18%
AAVE $128.87 -2.26%
SUI $0.8115 -0.45%
XLM $0.1879 -2.73%
ZEC $1,180.18 +3.95%

Safe announces token economics: initial circulation of 427 million tokens, redemption period of 8 years

2024-04-16 23:25:03

ChainCatcher news, according to official sources, Safe has disclosed the details of the SAFE token economics, which mainly include: a maximum supply of 1 billion tokens, an initial circulation of 427,000,000 tokens, and the overall distribution of SAFE covers 5 categories: core contributors 15%, Safe Foundation 15%, ecosystem 5%, users 5%, and community treasury 60%.

It is reported that the redemption period for the SAFE token lasts up to 8 years.

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