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zkPass Reveals Token Economics: Total Supply of 1 Billion Tokens, Community Accounts for 48.5%
Summary: zkPass, a privacy protection protocol, has revealed its token economics. The ZKP token is based on the ERC-20 standard with a total supply of 1 billion tokens. Token functions include settlement medium, validator collateral, network points, service access, and cross-system verifiability and governance. Regarding token distribution and unlocking plans: the community accounts for 48.5% (12.5% ...
zkPass, a privacy protection protocol, has revealed its token economics. The ZKP token is based on the ERC-20 standard with a total supply of 1 billion tokens. Token functions include settlement medium, validator collateral, network points, service access, and cross-system verifiability and governance. Regarding token distribution and unlocking plans: the community accounts for 48.5% (12.5% unlocked at TGE, 6% linear release in the first 3 months, 30% released monthly over the next 5 years); early investors account for 22.5% (18-month linear release after a 12-month lock-up period); core contributors account for 14% (24-month lock-up period followed by 24-month linear release); DAO treasury accounts for 10% (5-year linear release); liquidity accounts for 5% (100% unlocked at TGE).
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Link: zkPass Reveals Token Economics: Total Supply of 1 Billion Tokens, Community Accounts for 48.5% [Copy]
