According to ChainCatcher, Grand Base, the RWA market of Base ecosystem, recently announced new token economics and will release new contract restart tokens.
The total and final supply of the new token is set at 25,000,000. This represents a 50% reduction in the number of tokens compared to the old token economics, with the following distribution:
6,720,000 tokens are used for community airdrops (accounting for 26.88%), especially former liquidity providers who suffered losses; vesting period is 12 months, 0% is unlocked at TGE, and 5% of the total allocation is unlocked each month;
According to the snapshot, 10,000,000 tokens (40%) will be distributed for the protocol restart airdrop; the vesting period is 3 months, 16.65% will be unlocked at TGE, and then unlocked weekly;
4 million tokens (16%) will form the treasury, providing sufficient resources for future initiatives and the sustainability of the ecosystem; the vesting period is 12 months, of which 10% will be unlocked by TGE and 10% of the total allocation will be unlocked each month;
3,000,000 tokens (12%) are reserved for the Grand Base team; the vesting period is 12 months, and there will be no initial unlocking by TGE, nor monthly unlocking;
1,180,000 tokens (4.72%) will be distributed to MEXC holders, and the total amount of tokens will be minted and sent to MEXC members responsible for performing automatic redemptions to facilitate this distribution; 100% unlocked at TGE;
100,000 tokens (0.4%) will ensure initial liquidity paired with USDC on Aerodrome; 100% unlocked at TGE.
