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BTC $77,110.39 +2.91%
ETH $2,418.00 +3.13%
BNB $643.02 +1.35%
XRP $1.48 +2.28%
SOL $88.86 +0.10%
TRX $0.3275 +0.19%
DOGE $0.0993 +0.50%
ADA $0.2576 -0.23%
BCH $453.42 -0.62%
LINK $9.60 +0.89%
HYPE $44.78 +1.49%
AAVE $114.76 -0.60%
SUI $0.9950 -0.52%
XLM $0.1729 +2.88%
ZEC $333.97 -1.96%

red­dio

Ethereum L2 Reddio announces token economic model: total supply of 10 billion, with 8% allocated to community distribution

ChainCatcher news, according to the official announcement from the Ethereum Layer2 network Red­dio, the token economic model for RDO has a total supply of 10 billion tokens, which are allocated as follows:Community (8.00%): Aimed at accelerating user adoption and rewarding early supporters through marketing activities, airdrops, community incentives, and educational initiatives.Security and Network Incentives (25.00%): The largest portion allocated for mining rewards, which contribute computational resources to the proof-of-authority consensus layer. This allocation has a 10-year no-cliff period, enhancing long-term network security and validator loyalty.Ecosystem Growth (22.76%): Supports project development, grants, partnerships, and the launch of dApps. Nearly half (70.1%) of this funding will be unlocked at TGE, facilitating immediate growth activities, while the remainder will vest after 48 months.Treasury (6.96%): Held for operational flexibility, liquidity provisioning, and emergency actions under DAO governance. At TGE, 15% is liquid, with the remaining portion unlocking linearly over four years.Contributors (21.80%): Allocated to core team members and early builders. A 12-month cliff ensures commitment, followed by a 24-month linear vesting. This aligns with long-term incentives and ensures continuity of contributions.Strategic Investors (15.48%): Aimed at early supporters providing funding and market support. Tokens will undergo a 6-month cliff period, followed by an 18-month linear vesting period. This timeline promotes strategic alignment while preventing speculative pressure.
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