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ETH $2,481.91 +0.08%
BNB $743.36 -0.22%
XRP $1.39 -1.15%
SOL $104.23 -1.64%
TRX $0.3348 -0.08%
DOGE $0.0900 +1.42%
ADA $0.2197 +1.24%
BCH $259.27 +1.25%
LINK $12.96 +6.28%
HYPE $86.43 -2.62%
AAVE $132.37 -1.17%
SUI $0.8206 +3.54%
XLM $0.1915 +4.06%
ZEC $1,169.67 +1.43%

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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