PANews reported on October 22nd that prediction market platform Limitless officially announced the LMTS token economics: a total of 1 billion tokens will be issued on the Base network. The specific distribution is: 25% to investors, 1.37% to the Kaito pre-sale, 1.26% to the Echo round, 25% to the team, 24.37% to ecosystem rewards (airdrops and incentives), 13% to the treasury, and 10% to liquidity. The unlocking and vesting schedule is as follows:
- Airdrop: 100% unlocked during TGE, no lock-up.
- Kaito Presale: 50% unlocked at TGE, remaining 50% unlocked 6 months later.
- Investor and Echo round: No unlocking during TGE, 6-month lock-up period, followed by linear unlocking over 24 months.
- Team: No unlocking during TGE. After a 12-month hard lock-up period, there will be a 24-month soft lock-up period, for a total of at least 36 months of full vesting.
- Treasury: It will not be unlocked during TGE, but will be locked up for 6 months and then unlocked linearly over 24 months.