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Ethereum L2 Reddio announces token economic model: total supply of 10 billion, with 8% allocated to community distribution

ChainCatcher news, according to the official announcement from the Ethereum Layer2 network Red­dio, the token economic model for RDO has a total supply of 10 billion tokens, which are allocated as follows:Community (8.00%): Aimed at accelerating user adoption and rewarding early supporters through marketing activities, airdrops, community incentives, and educational initiatives.Security and Network Incentives (25.00%): The largest portion allocated for mining rewards, which contribute computational resources to the proof-of-authority consensus layer. This allocation has a 10-year no-cliff period, enhancing long-term network security and validator loyalty.Ecosystem Growth (22.76%): Supports project development, grants, partnerships, and the launch of dApps. Nearly half (70.1%) of this funding will be unlocked at TGE, facilitating immediate growth activities, while the remainder will vest after 48 months.Treasury (6.96%): Held for operational flexibility, liquidity provisioning, and emergency actions under DAO governance. At TGE, 15% is liquid, with the remaining portion unlocking linearly over four years.Contributors (21.80%): Allocated to core team members and early builders. A 12-month cliff ensures commitment, followed by a 24-month linear vesting. This aligns with long-term incentives and ensures continuity of contributions.Strategic Investors (15.48%): Aimed at early supporters providing funding and market support. Tokens will undergo a 6-month cliff period, followed by an 18-month linear vesting period. This timeline promotes strategic alignment while preventing speculative pressure.

Two American anti-inflation advocates launched the USDi stablecoin, which is valued based on CPI data

ChainCatcher news, according to Bloomberg, two senior figures in the U.S. anti-inflation protection and foreign exchange derivatives sectors have launched the dollar stablecoin USDi, whose value is determined by the growth of the U.S. Consumer Price Index (CPI) since December 2024. As of April 15, its value is $1.00863.According to Michael Ashton, who began his anti-inflation investment career at Barclays in the early 2000s, USDi is equivalent to the principal of TIPS, or theoretically similar to an inflation-protected savings account (if one existed). Ashton stated, "There is currently no true risk-free asset, that is, inflation-protected cash. Holding cash is an option on future opportunities, and the cost of that option is inflation. If inflation-protected cash is created, that is the endpoint of the risk line."According to a statement from USDi Partners LLC, the token will have the same purchasing power as the dollar in December 2024. USDi will mint and burn tokens at its stated value, which, like the principal of TIPS, will depend on the CPI of the day.Although the government only releases the CPI once a month, it interpolates daily values for TIPS investors to calculate accrued interest. The CPI value determines the index value of TIPS and USDi with a two-month lag, meaning the CPI for December corresponds to March 1, with data published up to May 31. The value of USDi on April 15 is calculated by dividing the CPI of that day (interpolated between the monthly values of January and February) by the CPI of December, which will always be the denominator in the formula.USDi will be backed by a reserve fund managed by Ashton, who has been managing the Enduring US Inflation Tracking Fund for qualified investors since October 2021. The fund holds assets such as TIPS.
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