Sui ecological lending protocol Suilend announces token economics, with a total supply of 100 million
ChainCatcher news, according to official information, the Sui ecological lending protocol Suilend has announced its token economics plan. The total supply of SEND tokens is 100 million and will be distributed using an innovative Mdrop (mature airdrop) mechanism.
The specific distribution plan is as follows: Community accounts for 65%, which includes 20% for Suilend Mdrop, 5% for ecosystem Mdrop and 15% for SAVE Mdrop; Project incentives account for 15%; Team share is at 15%; Investor's share stands at 20%; Treasury reserves are at10%.
The project team stated that they will launch Steamm, an AMM project deeply integrated with Suilend in the first quarter of 2025 to further improve the DeFi ecological layout. Investor tokens will be linearly released over two years while team tokens will follow a four-year linear release mechanism.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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