Odaily Planet Daily News Base Ecosystem RWA Market Grand Base recently announced new token economics and will release new contract restart tokens. The total supply and final supply of the new tokens are set at 25,000,000. Compared to the old token economics, this means a 50% reduction in the number of tokens, which are distributed as follows: - 6,720,000 tokens are used for community airdrops (accounting for 26.88%), especially former liquidity providers who suffered losses; the vesting period is 12 months, 0% is unlocked at the TGE, and 5% of the total allocation is unlocked each month; - According to the snapshot, 10,000,000 tokens (accounting for 40%) will be distributed for the protocol restart airdrop; the vesting period is 3 months, 16.65% is unlocked at the TGE, and then unlocked weekly; - 4 million tokens (accounting for 16%) will constitute the treasury to provide sufficient resources for future initiatives and the sustainability of the ecosystem; the vesting period is 12 months, of which 10% is unlocked at the TGE, and 10% of the total allocation is unlocked each month; - 3,000,000 tokens (accounting for 12%) are reserved for the Grand Base team; the vesting period is 12 months, there will be no initial unlocking at the TGE, and no monthly unlocking; - 1,180,000 tokens (accounting for 4.72%) will be distributed to MEXC holders, and the total amount of tokens will be minted and sent to MEXC members responsible for executing automatic exchanges to facilitate this distribution; 100% unlocked at TGE; -100,000 tokens (accounting for 0.4%) will ensure initial liquidity paired with USDC on Aerodrome; 100% unlocked at TGE. In the new contract, in order to add a layer of security, there will be no minting function, and the project will turn to a new and more effective incentive system in the future. The old token model is inflationary, and the new token model has a cap and no inflation. All necessary tokens will be minted at TGE and locked as needed. To ensure security and credibility, the official has arranged for an independent third party to conduct a full audit and verification of the new CA. Earlier in mid-April, it was reported that Grand Base was hacked and lost about $1.7 million.