Sei releases tokenomics update, where 3% of the tokens have been allocated to the first season reward pool.
2023-08-15 08:20
Odaily News: Sei officially announced the SEI token economics, with a total supply limit of 10 billion tokens, with 51% already allocated to the community. The SEI token has six main uses, including network fees, DPoS validator staking, governance, native collateral, fee market, and transaction fees. In addition, according to the latest token distribution data released by the official, the distribution is as follows:
- 48% of tokens allocated to the ecosystem
- 20% of tokens allocated to the team
- 20% of tokens allocated to investors
- 9% of tokens allocated to the foundation
- 3% of tokens allocated to Launchpool
Among them, 48% of tokens are allocated to the ecosystem, which will be used for staking rewards, ecosystem initiatives, and Sei airdrops and incentives. Season 1 airdrop will distribute 3% of the SEI token supply to reward community users.
- 48% of tokens allocated to the ecosystem
- 20% of tokens allocated to the team
- 20% of tokens allocated to investors
- 9% of tokens allocated to the foundation
- 3% of tokens allocated to Launchpool
Among them, 48% of tokens are allocated to the ecosystem, which will be used for staking rewards, ecosystem initiatives, and Sei airdrops and incentives. Season 1 airdrop will distribute 3% of the SEI token supply to reward community users.
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