Lava Network has released details of the LAVA token economics, which includes a total supply of 1 billion tokens.
To incentivize API providers during the mainnet's early stages, a deflationary mechanism has been implemented.
Of the total token supply, 25% will be allocated for future plans and reward reserves, with 6.6% set aside for monthly provider rewards. Additionally, 31% will be used for research and development, ecosystem protocol maintenance, and development; 17% will go to investors, and 27% will be distributed to early contributors.
