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Self Chain Announces New Token Economics With Total Supply Of 360 Million SLF Tokens
According to Odaily, Self Chain has announced its latest token economics, revealing a total supply of 360 million SLF tokens. The distribution of these tokens includes several categories.
The first category is migration allocation, which accounts for 25% of the total supply. This allocation allows certain token holders to seamlessly migrate their tokens to SLF on Self Chain, ensuring a smooth transition.
The second category is equity investor allocation, which makes up 10% of the total supply. This allocation recognizes the early supporters of Self Chain and acknowledges their role in the project's development.
The third category is validator nodes/growth sales, which comprises 28% of the total supply. Self Chain is seeking to expand its validator network and is inviting prominent individuals to enhance the network's decentralization.
The fourth category is the ecosystem, which accounts for 19% of the total supply. This is nurtured through grants and incentive measures to promote contributions to the Self Chain project.
The fifth category is foundation nodes, which make up 10% of the total supply. The Self Chain Foundation will operate a set of nodes to ensure stability and functionality at the time of blockchain birth.
The final category is the team, which accounts for 8% of the total supply. A portion of SLF tokens is allocated to the Self Chain team and core developers to support long-term research, development, and ecosystem plans.
The initial supply of 360 million SLF tokens from Self Chain will be subject to several different unlocking plans, and all tokens, whether locked or unlocked, can participate in staking.
The first category is migration allocation, which accounts for 25% of the total supply. This allocation allows certain token holders to seamlessly migrate their tokens to SLF on Self Chain, ensuring a smooth transition.
The second category is equity investor allocation, which makes up 10% of the total supply. This allocation recognizes the early supporters of Self Chain and acknowledges their role in the project's development.
The third category is validator nodes/growth sales, which comprises 28% of the total supply. Self Chain is seeking to expand its validator network and is inviting prominent individuals to enhance the network's decentralization.
The fourth category is the ecosystem, which accounts for 19% of the total supply. This is nurtured through grants and incentive measures to promote contributions to the Self Chain project.
The fifth category is foundation nodes, which make up 10% of the total supply. The Self Chain Foundation will operate a set of nodes to ensure stability and functionality at the time of blockchain birth.
The final category is the team, which accounts for 8% of the total supply. A portion of SLF tokens is allocated to the Self Chain team and core developers to support long-term research, development, and ecosystem plans.
The initial supply of 360 million SLF tokens from Self Chain will be subject to several different unlocking plans, and all tokens, whether locked or unlocked, can participate in staking.
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