Union unveils U Tokenomics, with a Community Incentives allocation of 12%
BlockBeats News, August 26, according to official sources, the interoperability protocol Union revealed the U tokenomics, with an initial total supply of 10 billion tokens, of which the initial circulating supply is 1,919,050,000 tokens (19.19% of the pre-inflation total supply), distributed as follows:
Strategic Investors Allocation 21.4%; Ecosystem Allocation 14.1%; Foundation Allocation 20%; Community Incentives Allocation 12%; DAO Treasury 12.5%; Core Contributors 20%.
Union will launch with a 6% annual token inflation rate, which decreases by 10% each year until it reaches 2%. This inflation rate is a fixed percentage and will not vary based on the amount staked.
You may also like
Gainers
Latest Crypto News
Fed Future Meetings Risk Seeing Increased Disagreements Fueling Market Volatility
Tom Lee: BTC and ETH Risk-Reward Ratio Becoming Quite Attractive
Coinbase is now live with Rayls (RLS) spot trading
A certain whale address has deposited 10 million U into HyperLiquid, initiating a 20x ETH long position.
Coinbase to List Rayls (RLS)
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]