In a recent announcement, Solv Protocol has revealed the token economics for its SOLV token, providing insight into the maximum supply, genesis token supply, and initial circulation. According to the announcement, the maximum supply of SOLV tokens is capped at 9.66 billion, with the total genesis token supply accounting for 86.96% of this amount.
Token Supply Breakdown
* Maximum supply: 9,660,000,000 SOLV * Total genesis token supply: 8,400,000,000 SOLV (86.96% of maximum token supply) * Megadrop token reward: 588,000,000 SOLV (7% of total genesis token supply, 6.09% of maximum token supply)
Initial Circulation
The initial circulation of SOLV tokens is set at 1,482,600,000, which accounts for 17.65% of the total genesis token supply and 15.35% of the maximum token supply. This amount will be listed on Binance as the spot currency.
Source
This information was announced by Binance on December 30, as reported by BlockBeats news.
Source: M.theblockbeats.info
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