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AMD $608.54 -0.08%

ZeroLend will launch its governance mechanism on Linea on May 6

2024-05-04 14:40:25

ChainCatcher news, Linea posted on social media that ZeroLend will launch its governance mechanism on Linea next Monday (May 6) at 16:00.

ChainCatcher previously reported that the multi-chain lending protocol ZeroLend announced its ZERO token economics, with a maximum supply of 10 billion tokens and an initial circulation of 25%. 35% of the total supply is allocated for private placement, 18% for airdrops, 10% for liquidity, 5% for the treasury, 7% for advisors, 5% for the team, and 20% reserved for release to stimulate growth (with a vesting period of 1200 months).

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