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Canto(CANTO) Details on genesis & distribution
CantoWe're nearing the public launch of Canto, a Layer 1 blockchain providing core DeFi primitives designed to support the Free Public Infrastructure. We're excited to invite the community to review the following details on token distribution for the Canto network, including the inaugural liquidity mining incentives, and grants for eligible participants in the Settlers of Cantos testnet event.
Genesis Block
At genesis, 1B tokens were minted. The tokens will be distributed in the following manner:
- Contributors: 13.0%
- Settlers of Canto: 2%
- Future Grants: 5%
- Medium-Term Liquidity Mining: 35%
- Long-Term Liquidity Mining: 45%
Tokens not yet distributed (Grants and Future Liquidity Mining) will be kept in the community pool.
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ETC reduction countdown
ETC reduction is expected to be completed on June 16, 2024
TokenomikVertrauen: 87%
Token Unlock
Nym will unlock 3.02m $RNDR on 18th May, constituting approximately 0.39% of the currently circulating supply.
TokenomikVertrauen: 96%Token Unlock
Manta Network will unlock 6.67m $MANTA on 18th May, constituting approximately 2.66% of the currently circulating supply.
TokenomikVertrauen: 94%
Token Unlock
Render will unlock 760.57k $RNDR on 17th May, constituting approximately 0.20% of the currently circulating supply.
TokenomikVertrauen: 92%Token Unlock
Immutable X will unlock 25.53m $IMX on 17th May, constituting approximately 1.75% of the currently circulating supply.
TokenomikVertrauen: 85%Token Unlock
ApeCoin will unlock 15.6m $APE on 17th May, constituting approximately 2.48% of the currently circulating supply.
TokenomikVertrauen: 82%
