Mitosis Foundation announces MITO token economics, with a 10% Genesis airdrop
On August 17th, Mitosis Foundation announced the MITO token economics, with a total supply of 1 billion tokens, of which:
45.5% will be allocated to the ecosystem, 15% will be allocated to the team, 8.76% will be allocated to investors, 10% will be allocated to the foundation, 10% will be allocated to the genesis airdrop, 2% will be allocated to builder rewards, 3.5% will be allocated to exchange platform marketing, 4% will be allocated to initial liquidity, 1.24% will be allocated to research and development.
MITO will be issued natively on the Mitosis mainnet, and will serve as the native token of the Mitosis Chain, which is fully compatible with EVM.
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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