Sanctum founder launches token economics proposal to hand over 40% of total tokens to community management
FP Lee, the founder of the Solana ecosystem LST protocol Sanctum, has initiated a token economics proposal that proposes to allocate 40% of the total token supply to community management, with a portion of it used for initial airdrop. The remaining portion can be distributed through at least 4 rounds of airdrops, with the final decision given to the community. 47% of the token supply is controlled by the team, with 13% of the supply already allocated to investors.In addition, all team and investor tokens have a lock-up period of over 3 years, with all team and investor tokens fully vested after 36 months from TGE.
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