PANews reported on May 7th that the DeFi protocol Resolv announced its token economics. The RESOLV token utility includes governance access, dual rewards, enhanced score multipliers, and long-term staking multipliers. The total supply of RESOLV tokens is 1 billion, with the first season airdrop accounting for 10%, ecosystem and community 40.9%, team and contributors 26.7%, and investors 22.4%. The RESOLV token will soon undergo TGE, with registration opening in the first half of May, featuring a one-week registration period (eligible for score plan participants and Resolv beneficiaries). Users will be screened before the official airdrop to detect Sybil attacks and malicious actors. The token claiming page will remain online for 30 days after launch.
Previously in April, Resolv Labs completed a $10 million seed round, led by Cyber.Fund and Maven11.
