azuro: The AZUR token will be launched this week

ChainCatcher news, the prediction layer Azuro on the Polygon chain announced on social media that it will launch the AZUR token on the Ethereum mainnet this week.

It is reported that the total supply of AZUR is 1 billion tokens: 37.5% reserved for community and ecosystem growth (9.2% will be unlocked at TGE, 3% will be used for Azuro Score airdrop, 25.3% for Azuro Waves incentive program, DEX liquidity provision incentives, and ecosystem fund, infrastructure programs, etc.), 26% allocated to core contributors, 22% allocated to investors, and 13.5% allocated to the DAO treasury.

Azuro stated that the AZUR token will be launched on Uniswap v3 and CEX, with 15.2% circulating supply available at TGE, an initial price set at $0.075, and a circulating market cap of $11.4 million at issuance. Providing LP positions in the AZUR/ETH trading pair on DEX will earn AZUR incentives.