Cross-chain DeFi protocol Entangle released NGL tokenomics, 3% of the tokens will be used for airdrops

WendyCS

2024-03-08 05:41:05

DEFI17,74%

PANews reported on March 8 that Entangle, a cross-chain DeFi protocol, released NGL tokenomics. The maximum supply of NGL tokens is 1 billion (which will be realized when the final Infra Reserve token is unlocked in 36 months), with an initial circulating supply of 21,565,000 tokens. Token distributions include: 15% to the Foundation, 12.8% to the ecosystem, 41% to the community and liquidity, 3.25% to the public sale, and 27.95% to strategic investors. 3% of these tokens will be used for airdrops, rewarding users of the community for contributing for a period of time after the mainnet launch. **The NGL token will be officially launched on March 13, 2024. **

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