LSDFi protocol Raft has launched its native token RAFT, with the community share accounting for 16% of the total supply and the ecosystem and incentive share accounting for 21.43%.
BlockBeats reported on October 10th that LSDFi protocol Raft has launched its native token, RAFT, according to official sources. The token is used for staking and governance. Token holders can provide liquidity in the Balancer pool and stake their Balancer liquidity pool tokens to obtain veRAFT. VeRAFT holders can vote on key protocol decisions to drive Raft's growth while receiving RAFT token rewards.
According to data, the total supply of RAFT is 2.5 billion, including:
· Investor share is 25.91%
· Ecosystem and incentive mechanism share is 21.43%
· Team and advisor share is 19.61%
· Community share is 16%
· Treasury share is 15%
· CEX market-making funds share is 2.5%
The lock-up period is shown in the figure.