Lava Network: Mainnet is coming soon

Lava Network posted on X platform that the mainnet will be launched soon and more details will be announced in the near future. On April 26, Lava Network, a modular blockchain infrastructure developer, announced the LAVA token economics. The total supply of LAVA is 1 billion, and a deflation mechanism is used to attract API providers in the initial stage of the mainnet. 15% of the tokens will be used for future incentive programs (such as airdrops), 6.6% of the tokens will be used for monthly allocations to provider rewards (Provider Drops), 3.4% of the tokens will be used for validator rewards, 31% of the tokens will be used for R&D and ecology, 17% of the tokens will be allocated to early investors, and 27% of the tokens will be allocated to early contributors, core teams, consultants, etc.