According to Deep Tide TechFlow news, on November 1, Bitcoin DeFi infrastructure bitSmiley announced the SMILE tokenomics. According to the announcement, the SMILE token adopts the ERC-20 standard, with a total supply of 210 million tokens. The token distribution plan includes bitSmiley DAO (26%), user incentives (21.5%), staking (12.5%), liquidity (7.5%), and other portions.
In terms of distribution rules, first-round investors will receive 0.2% of the TGE (Token Generation Event) allocation, with the remaining portion locked for 180 days and then linearly released over 12 months; second-round investors will receive 0.3% of the TGE allocation, with the remaining portion locked for 150 days and then linearly released over 12 months.
The shares for the team and advisors will be locked for 2 years, followed by a linear release over 48 months. The remaining distribution for user incentives and the bitSmiley DAO will be linearly released over 48 months, while the staking portion will be linearly released over 24 months. The project also includes an airdrop and public offering phase, with the bit-Disc airdrop portion set to be linearly released within 2 months.
