ChainCatcher Message, Layer1 project XION releases its tokenomics white paper, introducing its token model based on the Proof of Abstraction mechanism.

The total supply of XION tokens is 200 million, with an initial circulation of 25,559,333 tokens, accounting for 12.78%. In the token distribution plan, ecological incentives and project incubation account for 23%, strategic investors for 27%, the team for 20%, protocol development and foundation for 15%, and community and Launch for 15.19%.