PANews reported on June 29 that Blast Ecosystem decentralized leveraged trading protocol Particle released PTC token economics. TGE will be held on July 2 at 18:00 (UTC+8). The maximum supply of tokens is 200 million, of which 55% will be allocated to the community, 21% will be allocated to contributors, and 24% will be allocated to investors. The initial airdrop is 20 million tokens (about 18.2% of the community allocated tokens), which will be linearly vested in 24 months. Contributor and investor tokens will be locked for 6 months.
Earlier news, Blast Ecosystem decentralized leveraged trading protocol Particle announced that it will launch its native token PTC, which is scheduled to be officially issued in early July, and the specific time will be announced soon. Particle stated that it will take a snapshot of Particle points before the token generation event (TGE) to calculate the airdrop ratio of each user. In addition, part of the PTC token will be used to reward participants in various past and ongoing activities, including cooperation with partners, specific Galxe activities, social activities, and early and long-term protocol testers. Particle currently has no plans to conduct a public sale or liquidity launch pool (LBP) of PTC, and reminds users to be wary of potential scams. In the next few days, Particle will release more detailed information about PTC, including the token economic model, the exact time of TGE, and airdrop information.
