LayerZero announces its token economic model, with a total supply of 1 billion ZRO tokens

ChainCatcher news, LayerZero has officially announced the tokenomics of ZRO, with a total supply of 1 billion tokens, distributed as follows:

1. 38.3% will be allocated to the LayerZero community. Among them, 8.5% of the airdrop will be released in today's TGE; 15.3% will be reserved for future distribution to users, protocols, developers, or community members; 14.5% will be managed by the LayerZero Foundation, with 5% released at the beginning of the TGE for ecosystem growth, donation programs, and liquidity provision.
2. 32.2% will be allocated to strategic partners, including investors and advisors, with this portion locked for 1 year and then unlocked monthly over the next 2 years;
3. 25.5% will be allocated to core contributors, including existing and future team members, with this portion locked for 1 year and then unlocked monthly over the next 2 years;
4. 4% of the supply has been repurchased by LayerZero Labs and will be allocated to the community share.