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

9月 12, 2024 10:05:35

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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.