Pharos announces tokenomics: PROS total supply is 1 billion, with 1% allocated for TGE airdrop.
Foresight News reports that the RWA L1 network Pharos has released the tokenomics for its native token, PROS. The genesis supply of PROS is 1 billion tokens, with 21% allocated to the ecosystem and community (including a 6% community airdrop, of which 1% is used for TGE airdrop and mainnet launch activities); 20% allocated to the team; 20% allocated to investors; 16% allocated to the foundation treasury; 14% allocated to node and liquidity incentives; and 9% allocated to the Labs treasury. The shares of the core team and investors are subject to a 12-month lock-up period and 36-month linear vesting. Additionally, the staking inflation rate will be set to 0% for the first 6 months after the network launch, and beginning in the 7th month, the annual inflation rate will be set to 5%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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