Grand Base announces new token economics, with a total of 25 million tokens, 40% of which are used for restart airdrops

Base Ecosystem RWA Market Grand Base recently announced a new token economy and will launch a new contract to restart the token. The total supply and final supply of the new tokens are set at 25,000,000. Compared with the old token economy, this means that the number of tokens has been reduced by 50%, with specific allocations as follows:

- 6,720,000 tokens for community airdrops (26.88% share), especially for previous liquidity providers who suffered losses; vesting period is 12 months, unlocking 0% at TGE time and then unlocking 5% of total allocation each month;
- Based on snapshots, distribute 10,000,000 tokens (40% share) for protocol restart airdrops; vesting period is three months with an initial unlock of 16.65% at TGE time followed by weekly unlocks;
- 4 million tokens (16% share) will constitute treasury to provide sufficient resources for future initiatives and sustainability of ecosystem; vesting period is twelve months with an initial unlock of ten percent at TGE time followed by monthly unlocks amounting to ten percent of total allocation;
- 3 million tokens (12%) reserved for Grand Base team; vesting period is twelve months without any initial or monthly unlocks during TGE;
- 1,180,000 Tokens (4.72%) will be allocated to CEX holders where all these coins would be minted and sent to CEX members responsible for executing automatic exchanges in order to facilitate this distribution; unlocked fully during TGE.
- 100 thousand Tokens (.4%) will ensure initial liquidity paired with USDC on Aerodrome platform which also gets completely unlocked during TGE.