Eigenpie Unveils Tokenomics for Native Token EGP

IconCryptoNewsTerminal Staff13 Sep, 2024

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Eigenpie Unveils Tokenomics for Native Token EGP

Eigenpie Unveils Tokenomics for Native Token EGP Eigenpie, a liquid staking protocol, has unveiled the tokenomics of its native token, EGP. The total supply of EGP is capped at 10 million tokens. Token Distribution 34% - Macpie Launchpad Private IDO 2% - Macpie Launchpad Public IDO 1% - Other Launchpads 2.77% - Exchange Listings 15% - Treasury 15% - Community Incentives 11% - Airdrops 5% - Liquidity 5.34% - Strategic Investors 8.89% - Ecosystem Tokenomics Summary Total Supply: 10 million EGP Circulating Supply (Initially): 3,400,000 EGP (34%) Token Type: Utility and Governance Blockchain: Ethereum Eigenpie's tokenomics were designed to align incentives between stakeholders and support the long-term growth and sustainability of the protocol. The token distribution ensures a fair and equitable distribution of EGP, while the capped supply helps maintain its value.