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ETH $1,879.12 +0.03%
BNB $604.55 -1.04%
XRP $1.00 -0.01%
SOL $75.37 +0.31%
TRX $0.3308 -0.44%
DOGE $0.0698 -0.25%
ADA $0.1778 -0.53%
BCH $203.47 -1.13%
LINK $9.36 +0.67%
HYPE $57.35 +1.72%
AAVE $86.00 -0.62%
SUI $0.6766 -0.79%
XLM $0.1568 -0.76%
ZEC $487.57 -0.35%

Layer1 project Shardeum announced the token SHM economic model: 51% as node rewards, 49% allocated to the foundation and ecosystem

2023-04-20 16:29:01

ChainCatcher message, according to the Layer1 project Shardeum's announcement of the SHM token economic model, the total supply is approximately 508 million. 49% of its tokens will be allocated to the foundation, ecosystem, team, and sales accounts, while the remaining 51% will be used as node rewards.

At the launch of the mainnet, the foundation will receive 11% of the total supply of 508 million tokens, and the ecosystem will receive 5%.

Three months after the mainnet launch, the tokens for the team and sales accounts will begin to be released in phases, accounting for 15% and 18% of the total token supply, respectively. (Source link)

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