Kamino will issue KMNO tokens on April 30
On April 26, the Kamino Finance Foundation, a Solana ecosystem composable automated liquidity management protocol, announced the KMNO token economics. The total amount of KMNO is 10 billion, and the estimated initial circulation supply is 1 billion, of which 750 million will be initially distributed to the community, and the TGE date is April 30, 2024. The KMNO token economics are: Community and grants: 35% (including 7.5% of the genesis distribution); Liquidity and treasury: 10%; Core contributors: 20%; Key stakeholders and advisors: 35%.
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.
You may also like
WLFI will deploy USD1 on the Canton chain
JPMorgan's US Treasury client survey shows an increase in the proportion of long positions.
Trump family crypto project WLFI to deploy USD1 stablecoin on Canton Network
Bitget launches a new round of CandyBomb, unlock ETH airdrop through contract trading