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TRX $0.3318 -0.63%
DOGE $0.0698 +0.13%
ADA $0.1799 -0.99%
BCH $201.63 -2.25%
LINK $8.84 +1.42%
HYPE $55.76 -3.53%
AAVE $86.35 -1.04%
SUI $0.6793 -0.71%
XLM $0.1598 +0.34%
ZEC $488.01 +0.37%

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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