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The total supply of Blast tokens is 100 billion, and the initial airdrop is 17 billion

The total supply of Blast tokens is 100 billion, and the initial airdrop is 17 billion

Odaily2024/06/25 17:25
By:Odaily
Odaily News According to official news, the Blast token economic model shows that the total supply of BLAST is 100 billion, 50% of which will be airdropped to the community, with an initial airdrop of 17 billion. 1. 25.5% is allocated to core contributors, with a 4-year lock-up period, of which 25% of the core contributors airdropped tokens will be unlocked 1 year after the TGE is released, and then unlocked once a month; 2. 16.5% is allocated to investors, with a 4-year lock-up period, of which 25% of the investor tokens will be unlocked 1 year after the TGE date, and then unlocked linearly every month for the next 3 years; 3. 8% is allocated to the Blast Foundation as a reserve fund for ecological development. From the TGE date, the foundation grant will be unlocked linearly within 4 years.
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