PANews reported on April 21 that according to official news, the on-chain token distribution protocol Sign announced the SIGN token economics, with a total supply of 10 billion tokens, which will be minted on the Ethereum mainnet and distributed through BNB Chain and Base. 40% of the token distribution is allocated to community incentives (10% of which are TGE airdrops, 30% are community rewards and future airdrops), 20% to supporters, 10% to early team members, 10% to the ecosystem, 20% to the foundation, 12% to core contributors, 3.5% to liquidity incentives, 2% to the compliance budget, 2% to the operating budget, and 0.5% to donations. The on-chain asset snapshot will be taken at 20:00 Beijing time on April 25.
Earlier in January, Yzi Labs announced an investment of US$16 million in Sign, an on-chain infrastructure for token distribution.
