The NFTfi Foundation announced the details of NFTFI token economics: the total supply is 2 billion, and the application portal is planned to open at the end of April.
2024-04-09 16:55
Odaily News The NFTfi Foundation launched by the NFT lending protocol NFTfi announced the token economic details of the governance token NFTFI. It is reported that NFTFI is a native ERC-20 token with a supply of 2 billion and an expected initial circulation of 220 million. , it is expected to open the NFTFI application portal later in April (the specific date is to be determined), and the token distribution details are as follows: 1. Community and rewards (25% – 500,000,000 NFTFI); 2. Foundation and ecosystem (23.3% – 465,952,487 NFTFI); 3. Early strategic supporters and strategic supporters (15.2% + 20.4% – 712,356,127 NFTFI) 4. Core contributors (16.1% – 321,691,386 NFTFI). In addition, the NFTfi Foundation also stated that it will soon announce and establish the NFTfi Council as the first step towards a decentralized governance system.
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