Irys announces token economics: 8% will be used for airdrops and future incentives
2025-11-21 03:00:37
On November 21st, the programmable data link Irys announced the economics of IRYS tokens. The supply of IRYS tokens is 10 billion, and the circulation accounts for 20% of the total supply. Of these, 30% will be allocated to the ecosystem, 9.9% will be allocated to the foundation, 8% will be allocated to airdrops and future incentives, 8% will be allocated to liquidity and launch partners, 18.8% will be allocated to teams and advisors, and 25.3% will be allocated to investors. The tokens held by teams and investors are locked for the first year. The official will issue a 2% reward to validators/miners every year, which will be halved every four years. In addition, 50% of execution fees and 95% of regular storage fees will be destroyed.
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