According to TechFlow TechFlow, on March 2nd, Block Street, the stock execution layer on the Monad ecosystem, officially released the tokenomics of its token, $BSB. The total supply of $BSB is 1 billion, to be issued on Ethereum and BNB Chain, with an initial circulating supply of 20.775% (207.75 million tokens).
The token allocation scheme includes: community and user incentives (22.10%), ecosystem partners (20.60%), exchanges and marketing (10.65%), treasury (5.65%), team and advisors (17.30%), core investors (15.70%), strategic investors (3.00%), and liquidity (5.00%).
Previously, it was reported that Block Street, the equity execution layer in the Monad ecosystem, completed a $11.5 million funding round, led by Hack VC.
