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Lit Protocol has announced the LITKEY Tokenomics, with 10% allocated for airdrops.

By: theblockbeats.news|2025/10/24 02:47:53

BlockBeats News, October 24, the encrypted network Lit Protocol announced the LITKEY tokenomics, with a total supply of 1 billion tokens. 28% will be allocated to core contributors, 28% will be allocated to veLITKEY rewards, 19% will be allocated to early investors, 10% will be used for airdrops, 11% will be allocated to the Lit Foundation, and 4% will be used for Aerodrome voting incentives. Team and venture capital tokens will be locked for 1 year after TGE, followed by a 24-month linear unlock.

The community questioned the Stable Deposit Activity "Coinbase Effect," with an $825 million quota selling out in seconds.

An 100% Win Rate Whale Increased Their ETH Long Position by 5x Leverage to $62.4 Million