Solayer announces LAYER token economics: total 1 billion, 12% for Genesis Drop

Odaily Planet Daily News Solayer announced the LAYER token economics. In order to ensure widespread decentralization, LAYER will be distributed through Emerald Card's community sales and Genesis airdrops for early adopters. The maximum supply of LAYER is 1,000,000,000 pieces, distributed in three main categories, with an initial circulation supply of 220,000,000 pieces, specifically allocated as follows: - Community and ecology account for 51.23%, of which 34.23% is used for continuous research and development, developer programs, ecological development and other user activities, 14% is used for community activities/incentives (12% is reserved for Genesis Drop, including rewards for early adopters and other initial claiming activities), and 3% is distributed through Emerald Card community sales; - Core contributors and consultants account for 17.11%; - Investors account for 16.66%; - Foundation accounts for 15% to support vertical product expansion and network development. The LAYER vesting schedule is as follows: Genesis Drop: fully unvested at launch; Emerald Card Community Sale: fully unvested at launch; Community Incentives: 6 months linear vesting; Community and Ecosystem: vesting every 3 months for 4 years; Foundation: vesting every 3 months for 4 years; Team and Advisors: 1 year cliff, 3 years linear vesting; Investors: 1 year cliff, 2 years linear vesting.