L1 blockchain Self Chain announced its tokenomics, with a total supply of 360 million SLF tokens.

ChainCatcher news, L1 blockchain Self Chain announces its tokenomics, with a total supply of 360 million SLF tokens.

Distribution method:

• Migration allocation (25%): This allocation allows certain token holders to seamlessly migrate their tokens to SLF on the self-chain, ensuring a smooth transition.

• Equity investor allocation (10%): This allocation recognizes the early supporters of Self Chain, acknowledging their role in the project's development.

• Validator nodes/growth sales (28%): Self Chain seeks to expand its validator network, inviting notable individuals to enhance the network's decentralization.

• Ecosystem (19%): Cultivating ecosystem initiatives through grants and incentives to promote meaningful contributions to Self Chain projects.

• Foundation nodes (10%): The Self Chain Foundation will operate a set of foundation nodes to ensure stability and functionality at the launch of the blockchain.

• Team (8%): A portion of SLF tokens is allocated to the Self Chain team and core developers to support long-term research, development, and ecosystem initiatives.