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DOGE $0.0703 +0.39%
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BCH $219.31 +4.53%
LINK $8.46 +2.39%
HYPE $53.94 -1.50%
AAVE $98.75 +0.57%
SUI $0.6969 +2.13%
XLM $0.1721 -0.14%
ZEC $474.45 +2.70%

Entangle announces NGL token economics, with 3% of tokens allocated for airdrops

2024-03-08 13:10:02
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ChainCatcher news, the cross-chain DeFi protocol Entangle has released the NGL tokenomics. The maximum supply of NGL tokens is 1 billion (to be achieved when the final Infra Reserve tokens are unlocked after 36 months), with an initial circulation of 21,565,000 tokens. Of these, 15% of the tokens will be allocated to the foundation; 12.8% will be allocated to the ecosystem; 41% will be allocated to the community and liquidity; 3.25% will be used for public sale; 27.95% will be allocated to strategic investors; and 3% of the tokens will be used for airdrops to reward users who contribute to the community for a period after the mainnet launch.

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