XION announces the Token economic model, with the community and Launch accounting for 15.19% of the total supply

CoinVoice has learned that the Layer1 project XION has released the Token Economy White Paper, which introduces its Token model based on the Proof of Abstraction mechanism.

XION Token has a total supply of 200 million, with an initial circulation of 25,559,333, accounting for 12.78%. In the Token distribution plan, 23% is allocated to ecological incentives and project incubation, 27% to strategic investors, 20% to the team, 15% to protocol development and foundation, and 15.19% to the community and Launch. [Original link]