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Sanctum unveils the CLOUD token economics, with 18% of tokens unlocked at launch.

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#DeFi
TechFlow
362Words
Jun 5, 2024

Sanctum developer FP Lee has released the tokenomics of CLOUD token, with a total supply of 1 billion tokens. The initial circulating supply is 180 million tokens, with 10% allocated for the initial airdrop and 8% for injection into the LFG release pool. The remaining token distribution is as follows: community reserve 30%, strategic reserve 13%, team 25%, investors 13%, Jupiter LFG 1%. Sanctum will conduct a public token issuance, rejecting all VC investments, and will unlock 18% of the token supply at launch.

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