On-chain identity system Phi will launch its token on the Base network on October 10.

ChainCatcher News, according to official sources, the on-chain identity system Phi will launch its token on the Base network via Aerodrome on October 10.

According to the tokenomics, the total supply of PHI is 1 billion, with 9.2% allocated for retroactive airdrops. The first retroactive airdrop is planned to distribute 3.2% out of the total 9.2%. The snapshot has not yet been taken and is scheduled to occur next week, before the TGE.