PANews reported on October 22nd that prediction market platform Limitless officially announced the LMTS token economics: a total of 1 billion tokens will be issued on the Base network. The specific distribution is: 25% to investors, 1.37% to the Kaito pre-sale, 1.26% to the Echo round, 25% to the team, 24.37% to ecosystem rewards (airdrops and incentives), 13% to the treasury, and 10% to liquidity. The unlocking and vesting schedule is as follows:
- Airdrop: 100% unlocked during TGE, no lock-up.
- Kaito Presale: 50% unlocked at TGE, remaining 50% unlocked 6 months later.
- Investor and Echo round: No unlocking during TGE, 6-month lock-up period, followed by linear unlocking over 24 months.
- Team: No unlocking during TGE. After a 12-month hard lock-up period, there will be a 24-month soft lock-up period, for a total of at least 36 months of full vesting.
- Treasury: It will not be unlocked during TGE, but will be locked up for 6 months and then unlocked linearly over 24 months.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact
[email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.