Decentralized exchange Reya has announced its tokenomics, revealing a total supply of 8 billion tokens. The distribution plan allocates 45% to the community, 2% to community sales, 3% to liquidity, 10% to the foundation, 17.5% to the team, 5% to future team members, and 17.5% to investors. Tokens for the team and investors are locked for one year, with a linear unlock over the following three years. Initial distribution will start with an airdrop to Reya users at the Token Generation Event (TGE), followed by additional rounds as determined by the foundation.
Reya will hold a token sale on Coinlist from November 25 to December 2, offering 160 million tokens at a price of $0.01875 each, setting the fully diluted valuation (FDV) at $150 million. Half of the tokens will unlock at TGE, with the remainder unlocking linearly over six months. The minimum purchase is set at $100, with smaller buyers receiving priority.
Reya Unveils Tokenomics and Coinlist Sale Details
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