Smart Layer has released the economic model of its SLN token, with a total supply of 100 million and a 2% airdrop allocation.
According to official sources on February 21st, Smart Layer announced the SLN token economics with a total supply of 100 million. The distribution is as follows:
- Seed investors: 6.8125%, with a 6-month cliff and 18-month linear vesting unlock;
- Other investors: 19.6364%, with a 6-month cliff and 12-month linear vesting unlock;
- Team and equity investors: 22.96%, with a 6-month cliff and 36-month linear vesting unlock;
- Node rewards: 20%, starting from February 1, 2025;
- Ecosystem fund: 18.4%, with a TGE of 20% and 48-month linear vesting unlock;
- Treasury/reserve: 4%, with a TGE of 100%;
- Community incentive pool: 4%, with a TGE of 100%;
- Marketing and partners: 2.1911%, with a TGE of 100%;
- Airdrop: 2%, with a TGE of 100%.
It is reported that the SLN airdrop application will go live on February 23rd at 15:30 Singapore time.