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L1 blockchain Self Chain announces token economics, total supply of SLF tokens is 360 million

CointimeCointime2024/05/31 10:31
By:Cointime

L1 blockchain Self Chain announces its token economics, with a total supply of 360 million SLF tokens.Distribution: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 early supporters of Self Chain, acknowledging their role in the project's development.Validator node/growth sale (28%): Self Chain seeks to expand its validator network by inviting notable figures to enhance network decentralization.Ecosystem (19%): Cultivate an ecosystem plan through subsidies and incentives to promote meaningful contributions to the Self Chain project.Foundation node (10%): Self Chain Foundation will operate a set of foundational nodes to ensure stability and functionality at the birth of the blockchain.Team (8%): A portion of SLF tokens will be allocated to the Self Chain team and core developers to support long-term research, development, and ecosystem plans.

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