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Kamino plans to issue KMNO tokens on April 30, with the initial community distribution accounting for 7.5% of the total
2024-04-26 11:25
Odaily News According to official news, the Kamino Finance Foundation, a Solana ecosystem composable automated liquidity management protocol, announced the KMNO token economics. The total amount of KMNO is 10 billion, and the estimated initial circulation supply is 1 billion, of which 750 million will be initially distributed to the community, and the TGE date is April 30, 2024. The KMNO token economics are: - Community and grants: 35% (including 7.5% of the genesis distribution); - Liquidity and treasury: 10%; - Core contributors: 20%; - Key stakeholders and advisors: 35%.