According to official news from Odaily Planet Daily, the prediction market platform Limitless has announced the economic model for its LMTS token. The total supply of LMTS tokens is 1 billion, which will be issued on the Base network. The specific distribution is: 25% for investors, 1.37% for the Kaito pre-sale, 1.26% for the Echo round, 25% for the team, 24.37% for ecosystem rewards (airdrops and incentives), 13% for the treasury, and 10% for liquidity.
The unlocking and vesting arrangements are as follows:
1) Airdrop: TGE will unlock 100% of your tokens instantly, with no lock-up required;
2) Kaito Presale: 50% unlocked immediately, the remaining 50% unlocked after 6 months;
3) Investor and Echo round: No unlocking during TGE, linear unlocking over 24 months after a 6-month lock-up period;
4) Team: TGE will not be unlocked, and there will be a 24-month linear unlock after a 12-month hard lock-up period, for a total of at least 36 months of full vesting;
5) Treasury: TGE is not unlocked, and is unlocked linearly over 24 months after a 6-month lock-up period.
