zkPass has announced the tokenomics for its ZKP token, which is based on the ERC-20 standard and has a total supply of 1 billion tokens. The allocation includes 48.5% for the community, with 12.5% unlocked at the Token Generation Event (TGE), 6% released linearly over the first three months, and the remaining 30% distributed monthly over the next five years. Early investors will receive 22.5% of the tokens, released linearly over 18 months following a 12-month lock-up period.
Additionally, 14% of the tokens are allocated to core contributors, with a linear release over 24 months after a 24-month lock-up. The DAO treasury is set to receive 10% of the tokens, which will be released linearly over five years. Lastly, 5% of the tokens are designated for liquidity, with the entire amount unlocked at the TGE.
zkPass Unveils ZKP Tokenomics with 1 Billion Supply, 48.5% for Community
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
