PANews reported on June 17 that the on-chain prediction liquidity layer Azuro announced that it will launch its native token AZUR on the Ethereum mainnet this week, and announced in detail the token issuance and distribution plan. The AZUR token will be launched on Uniswap v3 on the Ethereum mainnet and some centralized exchanges (CEX), with a total supply of 1 billion. The specific distribution is as follows: 37.5% for community and ecosystem growth (9.2% of which will be unlocked at the token generation event (TGE), 3% for Azuro Score airdrops, 25.3% for incentive programs, DEX liquidity provision, and ecosystem funds, etc.), 26% for core contributors, 22% for investors, and 13.5% for the DAO treasury. At the time of TGE, the initial circulating supply was 15.2%, the initial price was $0.075, and the estimated circulating market value was approximately $11.4 million. In addition, liquidity providers for the AZUR/ETH trading pair on Uniswap v3 will receive AZUR tokens as incentives.
