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Smart Layer announces the SLN token economics: total supply is 100 million, airdrop accounts for 2%

Smart Layer announces the SLN token economics: total supply is 100 million, airdrop accounts for 2%

2024/02/21 09:21

On February 21st, according to official sources, Smart Layer announced the SLN token economics with a total supply of 100 million tokens, distributed as follows: 
- Seed investors: 6.8125%, with a 6-month cliff and an 18-month linear vesting unlock;
- Other investors: 19.6364%, with a 6-month cliff and a 12-month linear vesting unlock;
- Team and equity investors: 22.96%, with a 6-month cliff and a 36-month linear vesting unlock;
- Node rewards: 20%, starting from February 1,2025; 
- Ecosystem fund:18.4%, TGE:20%, with a48 month linear vesting unlock; 
- Treasury/reserve:4%, TGE:100%; 
- Community incentive pool :4% ,TGE :100%;
 - Marketing and partners :2.1911% ,TGE :100%;
 - Airdrop :2% ,TGE :100%. It is reported that the SLN Airdrop claim will go live on February23rd at15:30 Singapore time.

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