Pump Science has completed the design of the tokenomics and announced the BIO token airdrop plan

ChainCatcher news, the decentralized research protocol Pump Science has announced a new tokenomics design and the BIO token airdrop plan. According to the official tokenomics whitepaper, 5% of the supply will be reserved for the holders of previous tokens (such as RIF and URO) during the issuance of the new tokens.

The new token economic model adopts a customized bonding curve, with an initial market value of approximately $5,000. When liquidity reaches 85 SOL, it will migrate to the Meteora automated market maker. Of this, 82 SOL will be used for the liquidity pool, and 3 SOL will be invested in the first research experiment. The total supply is 800 million tokens, of which approximately 50 million will be airdropped to ecosystem token holders based on a time-weighted average.

Regarding the BIO airdrop, the project team stated that it will need to wait for the governance proposal to pass before executing the cross-chain transfer of BIO to Solana. The airdrop will be aimed at URO and RIF holders, but tokens held on centralized exchanges will not be counted for airdrop eligibility.