Block Street announces BSB tokenomics: total supply of 1 billion tokens, with 22.1% allocated for community incentives and airdrops
Foresight News reports that tokenized infrastructure Block Street has announced the launch of its token BSB. BSB is the core utility and governance token of the ecosystem, designed to coordinate liquidity providers, institutions, developers, and users. The total supply of BSB is 1 billion tokens, with an expected circulating supply of 20.775% (i.e., 207,750,000 tokens) at TGE.
The token allocation details are as follows: Community and user incentives: 22.1%, with 3.125% released at TGE and the remainder linearly unlocked over 5 years; Ecosystem partners: 20.6%, with 2% released at TGE and the remainder linearly unlocked over 5 years; Team and advisors: 17.3%, locked for 1 year and then linearly unlocked over 5 years; Core investors: 15.7%, locked for 1 year and then linearly unlocked over 4 years; Exchanges and marketing: 10.65%, 100% unlocked at TGE; Treasury: 5.65%, locked for 6 months and then linearly unlocked over 5 years; Liquidity support: 5%, 100% unlocked at TGE; Strategic investors: 3%, locked for 1 year and then linearly unlocked over 4 years.
Block Street consists of two core layers: the cross-protocol liquidity routing layer Aqua and the structured leverage and capital efficiency layer Everst, aiming to build a unified liquidity layer that connects TradFi execution standards with DeFi programmability.
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.
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