On May 30th, according to the official announcement on the Coinlist website, TAP Protocol has launched the issuance of its TAP token on the Coinlist platform. TAP Protocol is an OrdFi protocol designed to support Bitcoin Ordinals. The token purchase period starts at 01:00 on May 30, 2024 (Beijing time) and ends at 01:00 on June 6, 2024 (Beijing time). The specific arrangements for this token issuance are as follows:
Supply: 1,575,000 TAP tokens, accounting for 7.5% of the total supply; Price: $3.57 per token; Lock-up and release: Initial 10% unlocked at TGE, followed by linear release within 12 months. The token is expected to be listed on the exchange around June 28, 2024; Initial purchase limit: The minimum purchase limit is $100.00 and the maximum purchase limit is $2,500.00 (only supported by USDT/USDC).
The total supply of TAP tokens is 21 million.