Pike Finance announces token economics: 2.14 billion in total, 15% used for community issuance

Pike Finance, a cross-chain lending protocol, announced its token economics aimed at driving the development of cross-chain dApps through its governance token, P. The total supply of P tokens is 2.14 billion, with an initial circulating supply of 411.95 million. It uses native ERC20 and SPL formats and will be unlocked over 43 months according to the token release plan. The distribution of P tokens covers seven categories, including: 22% for the community treasury; 15% for core contributors and investors; 8% for strategic partners and ecology; 15% for liquidity incentives; 20% for pledge incentives; 15% for community issuance; and 5% for the community treasury.