io.net announces IO token economic model: initial supply of 500 million, community ultimately allocates 50%

According to BlockBeats, on April 16, Solana Ecosystem DePIN Protocol io.net announced the token economic model of the token IO. At the time of creation, io.net will have an initial supply of 500 million IOs, divided into five categories: seed investors, Series A investors, core contributors, R&D and ecosystem, and community. As IOs are issued to incentivize network growth and adoption, they will grow to a fixed maximum supply of 800 million in 20 years. Rewards will be released to suppliers and pledgers every hour over 20 years. The rewards adopt a deflationary model, starting with 8% in the first year and decreasing by 1.02% per month (about 12% per year) until the upper limit of 800 million IOs is reached. As rewards are issued, the share of early supporters and core contributors will continue to decrease. Therefore, after all rewards are distributed, the community's share will grow to 50%.