Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Zircuit Announces ZRC Token Economics: 21% Allocated to Airdrops and Community Rewards

Zircuit Announces ZRC Token Economics: 21% Allocated to Airdrops and Community Rewards

CointimeCointime2024/08/06 05:57
By:Cointime

On August 5th,The EVM-compatible zkRollup network Zircuit has released the ZRC token economics in its official documentation. The total supply of ZRC tokens is 10 billion, with the following specific allocations: 21% for airdrops and community rewards (7% for the first season airdrop and 14% for future airdrops and community rewards); 12.61% for community governance; 17.93% for ecosystem development; 18.70% for the foundation; 18.74% for the team; and 11.02% for investors.Regarding the first season airdrop, 7% of the total supply of ZRC tokens will be allocated to the first season rewards, with 262,200 eligible independent addresses. The first season airdrop snapshot will take place on July 8th, 2024 at 00:00 Beijing time. The document also mentions that as ZRC approaches TGE (transferability), the information will be updated.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

New spot margin trading pair — PAXG/USDT!

Bitget Announcement2025/04/08 06:38

Market Expert Warns of Potential Decline in Major Cryptocurrencies

In Brief Jason Pizzino warns of further losses in XRP, Solana, and Ethereum. Technical indicators suggest continued downward trends for these cryptocurrencies. Market corrections prompt investors to stay informed on price projections.

Cointurk2025/04/08 06:22
Market Expert Warns of Potential Decline in Major Cryptocurrencies