DeBox announced its token economics, with 20% of the total token supply of BOX allocated to the foundation.

ChainCatcher news, the DID-based Web3 social platform DeBox has announced its token BOX economics, with a total supply of 1 billion BOX tokens.

Among them:

• 35% allocated for ecological rewards;
• 20% allocated to the foundation;
• 20% allocated to investors and advisors, for a period of 2 years;
• 17% allocated to core contributors, for a period of 4 years, including current and future team members;
• 5% allocated for airdrops, which have been released to community participants through a one-time airdrop;
• 3% allocated for liquidity and marketing;

Its ecological token vDBX can be exchanged 1:1 for BOX, and the exchange application will be opened soon.