Liquidswap announces LSD token economics, with community distribution accounting for 40%
BlockBeats news, on July 18th, Aptos ecosystem DEX and wallet application Pontem Network officially announced that the Aptos ecosystem AMM trading platform LiquidSwap DAO token LSD will be listed on July 30th.
During the Genesis phase, 42 million LSD tokens will be minted and gradually unlocked over a period of 3 years. The DAO can also set issuance amounts for economic growth. The initial allocation is as follows:
- 15% for airdrops + staking incentives;
- 16% allocated to the treasury, with a unlocking period of 36 months;
- 8% for trading platform liquidity;
- 1% for IEO;
- 13.26% allocated to the founding team, with a cliff period of one year and an overall vesting period of three years;
- 25.25% allocated to private investors in 2021;
-21.49% allocated to private investors in 2023.
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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