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Magic Eden announces token economics, 50.2% of the tokens will be distributed to the community

Magic Eden announces token economics, 50.2% of the tokens will be distributed to the community

Bitget2024/11/19 00:22

Magic Eden announced its ME token economics, with a total of 1 billion ME tokens to be distributed over four years, 50.2% of which will be allocated to the community. The community and ecosystem together account for 37.7%, with the initial distribution to the community accounting for 12.5% of the total supply. In addition, contributors make up 26.2%, strategic participants account for 23.6%, all including lock-up periods.

Magic Eden stated that it is about to launch an airdrop check website, but has not yet specified a specific date.

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