Memento Research's Ash team has analyzed Binance listing data, revealing that new token distributions rarely exceed 5% of total supply. Large projects with high fully diluted valuations (FDV) typically allocate less than 1%, while medium-sized projects distribute more, primarily for user incentives and liquidity support. These tokens, paid as fees to centralized exchanges (CEX), are often redirected back into user and ecosystem initiatives, including Launchpool/HODLer rewards, Alpha airdrops, and liquidity and market support programs.