Multi-chain lending protocol ZeroLend announced its ZERO token economics, with a maximum supply of 100,000,000,000 (100 billion) and an initial circulating supply of 25,000,000,000 (25 billion or 25%).
35% of the total supply is used for private placement, 18% for airdrops, 10% for liquidity, 20% for reserved release to stimulate growth (with a vesting period of 1200 months), 5% for the treasury, 7% for advisors, and 5% for the team.
The first six months of ZERO release are inflationary. After 6 months of TGE, the release will begin to be deflationary.
According to reports, ZERO is a Linea ERC-20 token, which is a ZeroLend ecological utility and governance token that can be bridged to all chains using LayerZero.
Earlier, ZeroLend announced on the X platform that the ZERO TGE will be launched on May 6.