Fractal Bitcoin announces token economy model: 50% allocated to PoW mining, 5% tokens used for pre-sales
AICoin快讯|Sep 08, 2024 13:20
According to Foresight News, the Bitcoin scaling solution, Fractal Bitcoin, has announced its token economy model. Its mainnet will be released in approximately 11 hours, with 80% of the tokens allocated to the community and 20% allocated to teams and contributors (with a lock up period). The total supply of tokens is 210 million: half (50%) of the total supply will be allocated to Proof of Work (PoW) mining; 15% of the tokens are reserved for the ecosystem vault; 10% of the tokens will be allocated to community grants, and the maximum allocation limit for ecosystem vaults and community grants is 10% of the total annual allocation, lasting for 10 years; 5% of the tokens are used for pre-sales; 15% of the tokens will be allocated to core contributors, and the unlocking schedule for pre-sales and team tokens has been clearly defined from the beginning. According to the terms, these tokens will be unlocked from the end of the 7th month and released linearly until the end of the 12th month; Additionally, 5% of the tokens are currently reserved for current and future advisors, with an allocation limit of 20% of the total annual allocation, divided over 5 years.
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