News list for " Governance Token"
On Wednesday, the Kinetiq Foundation officially launched the protocol's official governance token, KNTQ. As the largest liquidity staking platform in the Hyperliquid public chain Layer1 (HyperEVM) ecosystem, Kinetiq's current TVL has exceeded $1.60 billion. The total supply of tokens is capped at 1 billion, and eligible airdrop recipients must agree to the Kinetiq Foundation Terms of Use by 20:00 UTC on November 21 to receive tokens. From the perspective of the token distribution scheme, 30% of ...
Mega Matrix Inc. announced the filing of the $2 billion Universal Shelf Registration Statement on Form F-3 to accelerate the Stablecoin Governance Token Treasury Reserve ("DAT") strategy.
On May 1st, Atlas Axis, the core governance design team of Sky (formerly MakerDAO), submitted a proposal on Wednesday that, if approved, would complete the protocol upgrade from MKR to SKY. The shift would make SKY the only governance token and support staking to unlock USDS rewards for SKY holders. Sky co-founder Rune Christensen hailed the proposal as a "huge milestone" in a forum post. While USDS and SKY were launched as upgrade tokens, DAI and MKR are still in circulation, giving users the o...
According to the SEC, the Lido Labs Foundation responded electronically on March 24 to a question from the Securities Exchange Commission's (SEC) cryptocurrency task force regarding the regulatory status of governance tokens and liquidity staking tokens (LSTs), arguing that these digital assets should not be classified as securities under federal securities laws because of their fundamental utility and modus operandi.
On March 24th, Amnis Finance, an ecological liquidity pledge protocol of Aptos, launched its governance token AMI with a total of 1 billion tokens. The token distribution plan includes: community reward 20%, team 20%, marketing 15%, ecological development 16%, investors 16%, liquidity 5% and airdrop 8%.
The Solayer Foundation announced the founding airdrop of its Solayer ecosystem native governance token LAYER on social media, and released a link to check the eligibility of the airdrop.
Solayer announced the token economics of its governance token LAYER. The maximum supply of LAYER tokens is 1 billion, and the initial circulation is 220 million. The distribution ratio is as follows: ① 51.23% is allocated to the community and ecosystem: 34.23% of which is allocated to continuous R & D, developer programs, ecosystem development and other user activities; 14% is used for community activities/incentives (12% is reserved for Genesis Drop, which includes rewards for early adopters ...
Avalon Labs, a Bitcoin stablecoin issuer, has announced the registration of an open governance token AVL airdrop. AVL adopts a LayerZero full-chain deployment scheme, allowing users to choose the receiving chain and wallet address, but they cannot change it after registration. The specific airdrop ratio will be announced on the day of the token generation event (TGE).
On January 9th, stablecoin issuer Avalon Labs announced in its official blog that the TGE event for its governance token AVL will be held at the beginning of Quarter 1, and the claim process will also open shortly thereafter. AVL will be launched on a centralized exchange (CEX) at the same time as TGE. The total supply of AVL tokens is capped at 1 billion, of which community incentive allocation accounts for 30%, airdrop allocation accounts for 20%, ecosystem and treasury allocation accounts for...
DuckChain announced the economic model of its governance token DUCK, with a total issuance of 10 billion, of which 77% is allocated to community and ecological development, including 50% for airdrops, 4% for liquidity, 3% for marketing, and 20% for ecological development. The remaining 10% is allocated to investors, 10% to teams, and 3% to advisors. DUCK is DuckChain's governance token, which supports core functions such as governance, staking, and gas payment, and promotes long-term development...
