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ETH $2,493.63 -0.37%
BNB $745.53 -1.60%
XRP $1.41 -1.30%
SOL $105.29 -1.42%
TRX $0.3353 +0.10%
DOGE $0.0903 +0.57%
ADA $0.2209 -0.02%
BCH $257.95 -0.66%
LINK $13.23 +7.29%
HYPE $88.16 -1.26%
AAVE $135.02 -0.64%
SUI $0.8258 +2.87%
XLM $0.1948 +4.36%
ZEC $1,195.76 +1.73%

Entangle announces NGL token economics, with 3% of tokens allocated for airdrops

2024-03-08 13:10:02

ChainCatcher news, the cross-chain DeFi protocol Entangle has released the NGL tokenomics. The maximum supply of NGL tokens is 1 billion (to be achieved when the final Infra Reserve tokens are unlocked after 36 months), with an initial circulation of 21,565,000 tokens. Of these, 15% of the tokens will be allocated to the foundation; 12.8% will be allocated to the ecosystem; 41% will be allocated to the community and liquidity; 3.25% will be used for public sale; 27.95% will be allocated to strategic investors; and 3% of the tokens will be used for airdrops to reward users who contribute to the community for a period after the mainnet launch.

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