Kelp DAO announces KERNEL token economics, 20% of the total tokens are used for airdrops
On December 19, the re-pledge project Kelp DAO announced the KERNEL token economics on platform X, with specific token distribution as follows:
-55% for community rewards and airdrops: 20% for airdrops; 35% for future community rewards.
-5% for ecosystem and partners.
-20% for private sale.
-20% for team and advisors.
In addition, 20% of tokens are allocated to three airdrop seasons;
-The first airdrop season: Airdrop accounts for 10% of total supply, snapshot date is December 31, 2024.
-The second airdrop season: Airdrop accounts for 5%, time period from January 1, 2025 to April 30, 2025.
-The remaining plan of the last five percent of the airdrops is yet to be determined.
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.
You may also like
Powell: Inflation above target can still further reduce interest rates
Institution: 2024 could become one of the worst periods predicted by the Federal Reserve
ETH falls below 3800 US dollars