PANews December 12 news, Sui ecosystem lending protocol Suilend announced that the SEND token has been launched on platform X. Suilend further stated that 40% of the SEND supply will be distributed through the mdrop mechanism: 20% is awarded to SEND point holders and early users; 5% is allocated to the Sui ecosystem community; 15% is distributed to SAVE holders on Solana.
In previous news, Suilend announced the economics of the SEND token, with a total supply of 100 million tokens, of which 65% is allocated to the community, and 40% is distributed through the Mdrops airdrop mechanism, including point holders, early users, Rootlets NFT, Capsule NFT, and SAVE holders.