Kamino will issue KMNO tokens on April 30
On April 26, the Kamino Finance Foundation, a Solana ecosystem composable automated liquidity management protocol, announced the KMNO token economics. The total amount of KMNO is 10 billion, and the estimated initial circulation supply is 1 billion, of which 750 million will be initially distributed to the community, and the TGE date is April 30, 2024. The KMNO token economics are: Community and grants: 35% (including 7.5% of the genesis distribution); Liquidity and treasury: 10%; Core contributors: 20%; Key stakeholders and advisors: 35%.
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.
You may also like
Ripple stablecoin RLUSD expands to L2 networks, adopts Wormhole's NTT standard
Nvidia rises about 1.5% in US pre-market trading
Strive raises SATA perpetual preferred stock dividend from 12% to 12.25%
BitMine increased its holdings by 102,259 ETH last week, bringing the total to over 3.967 million ETH.