LOGX Tokenomics Unveiled: 12% Airdrop for Community
CryptoNewsTerminal Staff09 Sep, 2024
LOGX Tokenomics Unveiled: 12% Airdrop for Community
Decentralized perpetual futures exchange LogX has released the tokenomics for its native token, LOGX, in an official Medium post. The total supply of LOGX is set at 1 billion tokens, with the distribution allocated as follows: Community: 40% Investors and Advisors: 17% Core Team: 16% Foundation: 15% * Airdrop: 12% The airdrop allocation is a significant gesture to the LogX community, providing a sizable portion of the token supply to early supporters. The distribution is structured to incentivize long-term participation and ecosystem growth. LogX aims to create a transparent and equitable ecosystem, and this tokenomics model reflects that commitment. The allocation to the community ensures their active involvement in the platform's governance and success.
