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BTC $63,139.60 +0.02%
ETH $1,884.03 +0.45%
BNB $606.53 -0.13%
XRP $1.00 -0.27%
SOL $75.53 -0.32%
TRX $0.3321 -0.50%
DOGE $0.0699 +0.24%
ADA $0.1802 -0.66%
BCH $203.72 -1.14%
LINK $8.89 +1.52%
HYPE $55.91 -3.02%
AAVE $86.64 -0.95%
SUI $0.6781 -0.81%
XLM $0.1600 +0.75%
ZEC $492.05 +1.04%

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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