MegaETH announces tokenomics: Public sale offers 5% of total supply, with a total of 10 billion tokens.

BlockBeats News, October 23, MegaETH has announced its tokenomics: the total token supply is 10 billion, with 5% of the total supply available for public sale. The token will serve as a key empowerment tool for rotating sequencers and sequencer CoLo. The issuer will not directly retain any crypto assets. The detailed tokenomics are as follows:

Team and Advisors: 950 million (9.5%);

Foundation / Ecosystem Reserve: 750 million (7.5%);

KPI Staking Rewards: 5.33 billion (53.3%), staking rewards will be distributed over time;

Other Investors: 24.7% (including VC 14.7%, Echo investors 5%, Fluffle buyers 2.5%, Sonar reward pool 2.5%).