Odaily News Base Ecosystem RWA Marketplace Grand Base announced on X that its new token will be launched on June 18, with the exact date yet to be announced. Earlier news, Grand Base announced the new token economics and will release a new contract restart token. The total supply and final supply of the new token are set at 25,000,000. Compared to the old token economics, this means a 50% reduction in the number of tokens, which are distributed as follows: - 6,720,000 tokens are used for community airdrops (26.88%), especially for former liquidity providers who suffered losses; the vesting period is 12 months, 0% is unlocked at the TGE, and 5% of the total allocation is unlocked each month; - According to the snapshot, 10,000,000 tokens (40%) will be distributed for the protocol restart airdrop; the vesting period is 3 months, 16.65% is unlocked at the TGE, and then unlocked weekly; - 4 million tokens (16%) will constitute the treasury to provide sufficient resources for future initiatives and the sustainability of the ecosystem; the vesting period is 12 months, of which 10% is unlocked at the TGE, and 10% of the total allocation is unlocked each month; - 3,000,000 tokens (12%) are reserved for the Grand Base team; the vesting period is 12 months, there will be no initial unlocking at the TGE, and no monthly unlocking; - 1,180,000 tokens (4.72%) will be allocated to MEXC Holders, the total amount of tokens will be minted and sent to MEXC members responsible for executing automatic redemptions to facilitate this distribution; 100% unlocked at TGE; -100,000 tokens (0.4%) will ensure initial liquidity paired with USDC on Aerodrome; 100% unlocked at TGE. Previously, in mid-April, Grand Base was hacked and lost about $1.7 million.