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Manta releases token economics: the creation supply is 1 billion, and the airdrop allocation ratio is 5.6%

2024-01-15 13:03
Odaily News Manta Network officially released token economics. The creation supply of MANTA tokens is 1 billion. Starting from Token Genesis, the annual minting rate is 2%, and the initial circulation is 251 million MANTAs. Distribution of the initial total supply of MANTA tokens: 1. Public sales account for 8% (80 million, of which 40 million will be released initially, and the rest will be released month by month in the next 6 months); 2. Private placement rounds account for 12.94%; 3. Strategic rounds account for 6.17%; 4. Institutional rounds account for 5%; 5. Airdrops account for 5.6%; 6. Binance Launchpad accounts for 3%; 7. Ecology and community account for 21.19%; 8. Foundations account for 13.5%; 9. New Paradigm accounts for 6.5%; 10. Team accounts for 10%; 11. Consultants account for 8%.