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BTC $76,297.14 -1.77%
ETH $2,276.31 -1.67%
BNB $622.27 -0.53%
XRP $1.38 -2.11%
SOL $83.51 -1.81%
TRX $0.3237 -0.56%
DOGE $0.0987 +0.57%
ADA $0.2456 -0.64%
BCH $446.49 -0.44%
LINK $9.21 -1.08%
HYPE $40.07 -5.23%
AAVE $96.16 +0.17%
SUI $0.9198 -0.86%
XLM $0.1622 -2.91%
ZEC $333.37 -6.03%

red­dio

Ethereum L2 Reddio announces token economic model: total supply of 10 billion, with 8% allocated to community distribution

ChainCatcher news, according to the official announcement from the Ethereum Layer2 network Red­dio, the token economic model for RDO has a total supply of 10 billion tokens, which are allocated as follows:Community (8.00%): Aimed at accelerating user adoption and rewarding early supporters through marketing activities, airdrops, community incentives, and educational initiatives.Security and Network Incentives (25.00%): The largest portion allocated for mining rewards, which contribute computational resources to the proof-of-authority consensus layer. This allocation has a 10-year no-cliff period, enhancing long-term network security and validator loyalty.Ecosystem Growth (22.76%): Supports project development, grants, partnerships, and the launch of dApps. Nearly half (70.1%) of this funding will be unlocked at TGE, facilitating immediate growth activities, while the remainder will vest after 48 months.Treasury (6.96%): Held for operational flexibility, liquidity provisioning, and emergency actions under DAO governance. At TGE, 15% is liquid, with the remaining portion unlocking linearly over four years.Contributors (21.80%): Allocated to core team members and early builders. A 12-month cliff ensures commitment, followed by a 24-month linear vesting. This aligns with long-term incentives and ensures continuity of contributions.Strategic Investors (15.48%): Aimed at early supporters providing funding and market support. Tokens will undergo a 6-month cliff period, followed by an 18-month linear vesting period. This timeline promotes strategic alignment while preventing speculative pressure.
Ethereum L2 Reddio announces token economic model: total supply of 10 billion, with 8% allocated to community distribution
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