Manta Network has released the tokenomics of its native utility and governance token MANTA. MANTA has a total supply of 1 billion, with an initial supply of 251 million. Every year, it will allocate 2% of the total supply to equity holders to maintain network security. In addition, 6.5% of the total supply will be allocated to New Paradigm (the second phase of the airdrop). 13.5% of the allocation will remain in the treasury of the foundation. Manta will allocate 21.19% to the ecosystem/community. The team will take the remaining 10%. Finally, Manta will allocate 5.6% to the first phase of the airdrop #ContentStar #Which 100x gems are you eyeing on? #Will 2024 Bitcoin halving bring BTC to ATH? #Will Dencun upgrade bring a strong ETH performance? #ContentStar
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
MANTA's tokenomics explained
Manta Network has released the tokenomics of its native utility and governance token MANTA. MANTA has a total supply of 1 billion, with an initial supply of 251 million. Every year, it will allocate 2% of the total supply to equity holders to maintain network security. In addition, 6.5% of the total supply will be allocated to New Paradigm (the second phase of the airdrop). 13.5% of the allocation will remain in the treasury of the foundation. Manta will allocate 21.19% to the ecosystem/community. The team will take the remaining 10%. Finally, Manta will allocate 5.6% to the first phase of the airdrop
#ContentStar
#Which 100x gems are you eyeing on?
#Will 2024 Bitcoin halving bring BTC to ATH?
#Will Dencun upgrade bring a strong ETH performance?
#ContentStar