Pike Finance announces token economics: a total of 2.14 billion tokens, 15% allocated for community distribution

ChainCatcher news, the cross-chain lending protocol Pike Finance has announced its tokenomics, aiming to promote the development of cross-chain dApps through its governance token P. The total supply of P tokens is 2.14 billion, with an initial circulating supply of 411.95 million, using native ERC20 and SPL formats, which will be unlocked over 43 months according to the token release schedule.

The distribution of P tokens covers seven categories, including:

• 22% for the community treasury
• 15% for core contributors and investors
• 8% for strategic partners and ecosystem
• 15% for liquidity incentives
• 20% for staking incentives
• 15% for community issuance
• 5% for the community treasury