On-chain identity project Phi to hold TGE on October 10, with airdrop accounting for 9.2%

Foresight News reported that the on-chain identity project Phi announced on Twitter that the PHI token will launch on the Base network with AerodromeFi in October 2025, serving as the native token of the Phi ecosystem. The total supply of PHI is 1 billion, and the TGE is scheduled for 20:00 on October 10. PHI will only be traded on Aerodrome and will not be listed on centralized exchanges, aiming to open the market to the community in a fair manner.

The PHI allocation plan is as follows: core contributors 18.0%, supporters 13.6%, liquidity 5.0%, airdrop rewards (within 3 years) 9.2%, community incentives (within 3 years) 12.80%, treasury 41.40%. The first airdrop reward plan will distribute 3.2% of the total supply. The snapshot will be taken next week, and specific claiming information, as well as other tokenomics and unlocking schedules, will be announced later.