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Hemi releases token economics: total supply of 10 billion, with community and ecosystem accounting for 32%
3days ago

Odaily Planet Daily News: Modular blockchain network Hemi officially released its token economics, with a total supply of 10 billion HEMI tokens, including:

Team members and core contributors account for 25%;

Hemispheres Foundation accounts for 15%;

Community and ecology account for 32%;

Investors and strategic partners account for 28%.

Subsequent token unlocking cycles will last up to 50 months. Token application scenarios include: network transaction fees; PoP-based security incentives inherited from the Bitcoin network; on-chain payments and PoP security aggregation based on HEMI tokens; veHEMI staking; and guiding ecosystem adoption. Furthermore, officials stated that the network currently boasts a TVL exceeding $1.2 billion, over 90 deployed protocols, and over 100,000 users.