YieldBasis has announced the tokenomics for its native token, YB, which will have a total supply of 1 billion tokens. The platform will utilize a veTokenomics model to facilitate decentralized governance and align long-term incentives. The token distribution includes 30% for liquidity incentives, 25% for the team, 12.4% for ecosystem reserves, 12.1% for investors, 7.5% each for protocol development and Curve authorization, and 2.5% for public sale. The unlocking mechanism stipulates a six-month lock-up period for team and investor tokens, followed by a linear release over two years. The ecosystem reserve will initially release 50 million tokens, with the remainder distributed linearly over two years. Protocol development reserves will begin releasing one year after the Token Generation Event (TGE).
YieldBasis Unveils Tokenomics for YB Token with 1 Billion Supply
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