The MANTA token economics have been announced, with New Paradigm accounting for 6.5% of the total distribution
2024/01/15 13:03
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On January 15th, Manta Network released a post announcing the token economics of its native utility and governance token, MANTA. The total supply of MANTA is 1 billion tokens. Each year, the network will allocate 2% of the total issuance to equity holders for maintaining network security. In addition, 6.5% of the total supply will be allocated to New Paradigm (second phase airdrop), 13.5% to the foundation treasury, 21.19% to ecology/community, 10% to the team, and 5.6% to the first phase airdrop.
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