Odaily News Solayer announced the LAYER token economics. To ensure broad decentralization, LAYER will be distributed through community sales of Emerald Card and Genesis airdrops for early adopters. The maximum supply of LAYER is 1,000,000,000, distributed in three main categories, and the initial circulation supply is 220,000,000, with the following distribution:
- Community and ecology account for 51.23%, of which 34.23% is used for continuous R&D, developer programs, ecological development and other user activities, 14% is used for community activities/incentives (12% is reserved for Genesis Drop, including rewards for early adopters and other initial claim activities), and 3% is distributed through Emerald Card community sales;
-Core contributors and consultants account for 17.11%;
-Investors account for 16.66%;
- The foundation holds 15% to support vertical product expansion and network development.
The LAYER vesting schedule is as follows:
Genesis Drop: Completely unattributed upon release;
Emerald Card Community Sale: Completely unattributed at time of release;
Community incentives: linear vesting for 6 months;
Community and Ecosystem: vesting every 3 months for 4 years;
Foundation: vesting every 3 months for 4 years;
Team and advisors: 1 year cliff, 3 years linear vesting;
Investors: 1 year cliff, 2 years linear vesting.