Ethereum L2 Reddio announces token economic model: total 10 billion tokens, 8% allocated to the community

This article is machine translated
Show original

According to ChainCatcher, the token economic model of Reddio, an Ethereum Layer2 network, announces a total token supply of 10 billion tokens, of which:

Community (8.00%): Aimed at accelerating user adoption and rewarding early supporters through marketing activities, airdrops, community incentives, and educational initiatives.

Security and Network Incentives (25.00%): The largest portion allocated to mining rewards, which contribute computational resources to the Proof of Authority consensus layer. This allocation has no cliff over 10 years, enhancing long-term network security and validator loyalty.

Ecosystem Growth (22.76%): Supporting project development, grants, partnerships, and dApps launch. Nearly half (70.1%) of this portion will be unlocked at TGE, promoting immediate growth activities, with the remaining part vesting after 48 months.

Treasury (6.96%): Held for operational flexibility, liquidity reserves, and emergency actions under DAO governance. At TGE, 15% is liquid, with the remaining portion linearly unlocked over four years.

Contributors (21.80%): Allocated to core team members and early builders. A 12-month cliff ensures commitment, followed by a 24-month linear vesting. This aligns with long-term incentives and ensures continuity of contributions.

Strategic Investors (15.48%): Early supporters providing funding and market support. Tokens will undergo a 6-month cliff period, followed by an 18-month linear vesting period. This schedule promotes strategic alignment while preventing speculative pressure.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments