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Pyth Network announces token economics, initial supply accounts for 15%
2023-10-17 14:31
Odaily news oracle project Pyth Network announced token economics. The maximum supply of PYTH tokens is 10,000,000,000, and the initial circulation is 1,500,000,000 (accounting for 15%). 85% of the PYTH tokens are initially locked, and the locked tokens will Unlocked 6, 18, 30 and 42 months after ICO. The token distribution is as follows: 22% is allocated to network data providers; 52% is allocated to the ecosystem; 10% is allocated to protocol developers; 6% is allocated to the community; 10% is allocated to the previous two rounds of financing and has been allocated.