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Solayer announces LAYER token economics: maximum supply of 1 billion coins, 51.23% allocated to communities and ecology
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2 hours ago 5,393
Golden Finance reported that Solana's re-pled platform Solayer announced the token economics of its governance token LAYER. The maximum supply of LAYER tokens is 1 billion and the initial circulation is 220 million. The allocation accounts for the following: ①51.23% are allocated to communities and ecosystems: of which 34.23% are used for continuous R&D, developer programs, ecosystem development and other user activities; 14% are used for community activities/incentives (12% are reserved for Genesis Drop, which includes rewarding early adopters and other initial application activities); 3% is allocated through Emerald Card Community Sales. ②17.11% are allocated to core contributors. ③16.66% have been sold to investors. ④15% is allocated to the Solayer Foundation to support product expansion and network development. Regarding LAYER Genesis Airdrop, the second LAYER allocation is aimed at existing community members who have supported Solayer since they went online in 2024. Solayer retains 12% of the total supply to Solayer community members, integration partners and liquidity providers, as well as users who meet the following qualifications: Solayer sSOL and sUSD holders, users who delegate sSOL to AVS partners, in partnership Users who deposit sSOL or sUSD in the DeFi protocol, users who deposit whitelist LST (liquidable staked tokens) on Solayer, users who deposit Solayer through partners and wallet activities, LRT protocol, and other claim plans.
Keywords: Bitcoin
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