ZKsync Tokenomics
Total Supply: 21b tokens
- Airdrop: 17.5%
- Eco Incentives: 19.9%
- Token Assembly: 29.3% (foundation)
- Team: 16.1%
- Investors: 17.2%
Team & Investor tokens are on a 1yr cliff + 3 years vesting schedule (June 2025 - June 2028)
Source
Total Supply: 21b tokens
- Airdrop: 17.5%
- Eco Incentives: 19.9%
- Token Assembly: 29.3% (foundation)
- Team: 16.1%
- Investors: 17.2%
Team & Investor tokens are on a 1yr cliff + 3 years vesting schedule (June 2025 - June 2028)
Source
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Symbiotic, a permissionless restaking protocol, raises $5.8m in a seed round led by Paradigm and cyber Fund. Launch partners include Ethena, LayerZero, Hyperlane, among others. — Link
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Polygon community treasury to distribute 1B POL tokens over 10 years to incentivize ecosystem builders — The Block
The Block
Polygon community treasury announces grants program for builders, initially distributing 35 million MATIC
Initially the treasury will distribute MATIC tokens to builders on the Polygon blockchain with the plan slated to last a decade.
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Sushi announces Sushi Labs, a new multi-token strategy, and potential launch of a Sushi appchain. — Link
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Bithumb will list Internet Computer ($ICP) on 12 June 2024 at 15:00 KST — Link
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Michael Egorov, founder of Curve, has up to 350M CRV ($90m) at risk of liquidation if price of CRV drops to $0.342. CRV is currently trading at $0.355. — h/t: YouAreMyYield
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Forwarded from CT Live Feed (Automated)
U.S. SECURITIES AND EXCHANGE COMMISSION: TERRAFORM AGREES TO PAY $4.47 BILLION IN SEC CASE - RTRS
via: News_Of_Alpha
via: News_Of_Alpha
CT Live Feed (Automated)
U.S. SECURITIES AND EXCHANGE COMMISSION: TERRAFORM AGREES TO PAY $4.47 BILLION IN SEC CASE - RTRS via: News_Of_Alpha
Full report — Blockworks
Blockworks
Terraform agrees to pay nearly $4.5B in proposed judgment with SEC
The SEC asked the court to approve a final consent judgment in its case against Terraform Labs and its former CEO Do Kwon.
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Gensler envisions S-1s to be approved “over the course of this summer”.
AO Tokenomics Details
• Fair launch token modeled after Bitcoin with a total supply of 21 million.
• Token minting started from February 27, 2024, and occurs every 5 minutes.
• 36% of all AO tokens minted go to Arweave token holders; 64% for bridged assets (stETH now, staked SOL later)
• 1M AO minted for AR token holders; applied retroactively from the launch of the AO testnet on February 27th 2024 at 12:00AM UTC.
• AO tokens become transferable around February 8, 2025, once ~15% of the supply has been minted.
Bridged Assets
• Pre-bridge phase allows earning AO tokens via stETH deposits on Ethereum mainnet.
• Once phase 2 bridges are live, you will be able to deposit assets in the new bridge contracts on AO – while accruing rewards.
• Tokens can be withdrawn from the pre-bridge at any time.
• Bridging rewards start at 11:00 AM EDT June 18, 2024.
• Rewards are distributed once every 24 hours.
AO Claims
• If you have been self-custodying your $AR tokens, you can easily check your balance by visiting ao.arweave.dev.
• CEXs are currently looking into if and how to pass through $AO to their users.
Full article — Link
Live stream — Link
• Fair launch token modeled after Bitcoin with a total supply of 21 million.
• Token minting started from February 27, 2024, and occurs every 5 minutes.
• 36% of all AO tokens minted go to Arweave token holders; 64% for bridged assets (stETH now, staked SOL later)
• 1M AO minted for AR token holders; applied retroactively from the launch of the AO testnet on February 27th 2024 at 12:00AM UTC.
• AO tokens become transferable around February 8, 2025, once ~15% of the supply has been minted.
Bridged Assets
• Pre-bridge phase allows earning AO tokens via stETH deposits on Ethereum mainnet.
• Once phase 2 bridges are live, you will be able to deposit assets in the new bridge contracts on AO – while accruing rewards.
• Tokens can be withdrawn from the pre-bridge at any time.
• Bridging rewards start at 11:00 AM EDT June 18, 2024.
• Rewards are distributed once every 24 hours.
AO Claims
• If you have been self-custodying your $AR tokens, you can easily check your balance by visiting ao.arweave.dev.
• CEXs are currently looking into if and how to pass through $AO to their users.
Full article — Link
Live stream — Link
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Zapper Protocol announces its token, $ZAP, which will launch in Q4 this year. — Link