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BTC $63,006.80 -0.12%
ETH $1,878.82 -0.20%
BNB $605.51 -0.84%
XRP $0.9992 -0.59%
SOL $75.38 -0.14%
TRX $0.3309 -0.45%
DOGE $0.0696 -0.76%
ADA $0.1766 -1.92%
BCH $203.03 -1.33%
LINK $9.38 -1.02%
HYPE $57.12 +1.70%
AAVE $86.05 -1.09%
SUI $0.6755 -1.37%
XLM $0.1568 -1.40%
ZEC $487.25 -1.01%

Entangle announces NGL token economics, with 3% of tokens allocated for airdrops

2024-03-08 13:10:02

ChainCatcher news, the cross-chain DeFi protocol Entangle has released the NGL tokenomics. The maximum supply of NGL tokens is 1 billion (to be achieved when the final Infra Reserve tokens are unlocked after 36 months), with an initial circulation of 21,565,000 tokens. Of these, 15% of the tokens will be allocated to the foundation; 12.8% will be allocated to the ecosystem; 41% will be allocated to the community and liquidity; 3.25% will be used for public sale; 27.95% will be allocated to strategic investors; and 3% of the tokens will be used for airdrops to reward users who contribute to the community for a period after the mainnet launch.

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