Entangle announces token economics, 3% of tokens will be used for airdrops

On March 8th, cross-chain DeFi protocol Entangle released the NGL token economics. The maximum supply of NGL tokens is 1 billion (to be achieved when the Infra Reserve token is finally unlocked after 36 months), and the initial circulation is 21,565,000 tokens. Token allocation includes: 15% will be allocated to the foundation; 12.8% will be allocated to the ecosystem; 41% will be allocated to the community and liquidity; 3.25% will be used for public sale; and 27.95% will be allocated to strategic investors.

3% of the tokens will be used for airdrops, rewarding users who contribute to the community after the mainnet release, as well as participants who run proxies or validators, utilize the testnet, or work on special community projects.

Previously announced, Entangle will launch its NGL token on the 13th.