Express
Bitlayer Announces BTR Token Economics: 40% for Ecosystem Incentives, 7.75% for Node Incentives
Summary: According to official information from Bitlayer, the initial public offering (TGE) of BTR tokens is set to launch. BTR is the governance token of the Bitlayer ecosystem, with a total fixed supply of 1 billion tokens and an initial circulation of 261.6 million tokens (26.16% of the total supply). The tokens will be minted on ...
According to official information from Bitlayer, the initial public offering (TGE) of BTR tokens is set to launch. BTR is the governance token of the Bitlayer ecosystem, with a total fixed supply of 1 billion tokens and an initial circulation of 261.6 million tokens (26.16% of the total supply). The tokens will be minted on the Bitlayer network and distributed through the Ethereum mainnet and BNB smart chain to achieve cross-chain compatibility. The uses of BTR tokens include staking and node voting, on-chain governance, and fee distribution mechanisms. The token distribution plan is as follows: 40% for ecosystem incentives, 20.25% for investors and advisors, 12% for the core team, 11% for public distribution, 7.75% for node incentives, 6% for the treasury, and 3% for liquidity.
Tags:
Link: Bitlayer Announces BTR Token Economics: 40% for Ecosystem Incentives, 7.75% for Node Incentives [Copy]
