Spheron Unveils SPON Tokenomics, Airdrop and Incentives Account for 9.01%
BlockBeats News, July 29 — According to official sources, decentralized computing protocol Spheron has released the tokenomics for its SPON token. Following the TGE, the internal accounting token uSPON will be gradually phased out, and SPON will be fully adopted as the network’s primary economic token. Users who have obtained uSPON will receive a 100% unlock of equivalent SPON at the time of TGE, while users who have not received uSPON but have points will face a two-month lock-up period, followed by a six-month linear release.
In the total SPON token supply allocation: liquidity accounts for 5.00%; Pre-Seed round 12.66%; Seed round 8.60%; Strategic round 1.33%; network rewards 24.00%; ecosystem projects 8.00%; airdrops and incentives 9.01%; foundation 10.00%; and team and advisors 21.40%.
After the TGE, 41.75% of airdrop rewards will be released immediately, with the remaining portion distributed linearly on a monthly basis.
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
Overview of Key Overnight Developments on July 30
Poll: US Voters Support Formation of a Third Party but Oppose Ties to Musk