According to the official blog of Magic Newton Foundation, PANews reports on June 23 that Newton Protocol (NEWT) has announced its tokenomics, with a total supply of 1 billion tokens. The initial circulating supply is 215 million tokens (21.5%). 60% is allocated to community categories, including ecological incentives, network rewards, liquidity, ecological growth fund, ecological development fund, and foundation treasury, to support protocol development and decentralization. 40% is allocated to internal categories, including core contributors, early investors, and Magic Labs, with specific allocation subject to lock-up and vesting periods. The official announcement states that NEWT TGE and airdrop will go online on June 24, with 0.9% of the supply reserved as Kaito rewards, with the Kaito snapshot scheduled for June 20, 2025, at 7:59 UTC.
