PANews reported on April 21 that according to official sources, the on-chain token distribution protocol Sign announced its SIGN token economics, with a total supply of 10 billion tokens, to be minted on the Ethereum mainnet and distributed through BNB Chain and Base. In the token allocation, 40% is allocated to community incentives (10% for TGE airdrop, 30% for community rewards and future airdrops), 20% to supporters, 10% to early team members, 10% to the ecosystem, 20% to the foundation, 12% to core contributors, 3.5% to liquidity incentives, 2% to compliance budget, 2% to operational budget, and 0.5% to donations. The on-chain asset snapshot will be taken at 20:00 Beijing time on April 25.
Previously in January, Yzi Labs announced an investment of $16 million in Sign, the on-chain token distribution infrastructure.
