Arkham: Nearly Half of EdgeX Airdropped Tokens Allocated to Partners and LP, Actual Circulating Supply Only Around 9.5%
BlockBeats News, April 1st, Arkham disclosed that EdgeX nominally airdropped around 195 million US dollars to users. However, after on-chain analysts' questioning, the project team admitted that 14% of the total supply was actually allocated to partners and liquidity providers, worth approximately 94.6 million US dollars at the current valuation, close to half of the total airdrop amount.
Arkham also stated that currently about 69.5% of the tokens are still in developer-related wallets, with an additional 7% undistributed, suggesting that the current actual circulation ratio is only about 9.5%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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