According to the token economic model disclosed in the DePIN protocol io.net document, the fixed maximum supply of IOG network's native token IO is 800 million, of which 500 million IO tokens will be distributed at launch, including seed round investors (12.5%), A round investors (10.2%), core contributors (11.3%), R & D and ecosystem (16%) and community (50%).
The remaining 300 million will be distributed and paid to vendors and their pledgers on an hourly basis for 20 years as a reward, which follows a deflationary model and decreases by 1.02% per month (approximately 12% per year), starting from 8% in the first year. IO uses a programmatic token destruction system, in which io.net revenue generated from the IOG network is used to purchase and destroy IO, and the destruction mechanism will adjust the amount of destruction according to the price of IO.
io.net disclosure token economic model: first distribution of 500 million and 50% to the community
2024-04-16 12:01:46
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