Odaily Planet Daily News MilkyWay Foundation has officially announced the token economic model of MILK. The total supply of MILK is 1 billion. The specific distribution and unlocking rules of MILK are as follows:
1) Core Contributors 20%: Reserved for the founding team, contributors and future team members; locked for 12 months, and then released linearly in 36 months.
2) Early private investors 13.42%: locked for 12 months, and then released monthly in the next 24 months.
3) Early supporters 3.55%: allocated to consultants and early construction stage contributors. Locked for 12 months, and then released monthly in the next 36 months.
4) Foundation 8%: used for strategic purposes such as DeFi integration, AVS access, and Rollup deployment. 2% is unlocked at the time of token issuance, and the remaining part is gradually released within 36 months.
5) Community round 5.25%: allocated to community public offering participants (including Echo). Locked for 12 months, and then released monthly within the next 12 months.
6) Binance Wallet Exclusive TGE 2%: All unlocked at token issuance.
7) Binance Wallet Marketing 2%: Will be used for future marketing activities of Binance Wallet, and specific details will be announced separately.
8) Ecosystem Growth 16.5%: Used for AVS integration, Rollup incentives, developer funding and liquidity programs. 6.25% will be unlocked at token issuance, and the rest will be released within 36 months.
9) Airdrop 10%: Will be distributed to early users, including mPoint holders, Moolitia NFT holders and milkINIT testers. This part of the share will be released in four stages, 2% at token issuance, 2.5% after 3 months, 2.5% after 6 months, and 3% after 12 months.
10) Community Development 19.28%: Used for community activities, partnerships and long-term incentive plans. 9.64% will be unlocked when the tokens are issued, and the rest will be released within 36 months.