Mitosis Foundation announces MITO token economics, with a 10% Genesis airdrop
On August 17th, Mitosis Foundation announced the MITO token economics, with a total supply of 1 billion tokens, of which:
45.5% will be allocated to the ecosystem, 15% will be allocated to the team, 8.76% will be allocated to investors, 10% will be allocated to the foundation, 10% will be allocated to the genesis airdrop, 2% will be allocated to builder rewards, 3.5% will be allocated to exchange platform marketing, 4% will be allocated to initial liquidity, 1.24% will be allocated to research and development.
MITO will be issued natively on the Mitosis mainnet, and will serve as the native token of the Mitosis Chain, which is fully compatible with EVM.
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.
You may also like
Crypto Loan Carnival round 26: Borrow USDT, USDC to enjoy an APR discount of up to 40%
Crypto Loan Carnival round 26: Borrow USDT, USDC to enjoy an APR discount of up to 40%
Announcement on the increase of borrowing limit coefficients for Bitget spot margin VIP levels
Bitget x DGRAM Carnival: Grab a share of 49,500,000 DGRAM
