According to Techub News, Polygon's on-chain prediction layer Azuro will launch the AZUR token on the Ethereum mainnet this week. The total supply of AZUR is 1 billion: 37.5% is reserved for community and ecosystem growth (9.2% will be unlocked at TGE, 3% will be used for Azuro Score airdrops, 25.3% will be used for Azuro Waves incentive program, DEX liquidity provision incentives, ecosystem funds, infrastructure plans, etc.), 26% will be allocated to core contributors, 22% will be allocated to investors, and 13.5% will be allocated to the DAO treasury.
Azuro said that the token AZUR will be released on Uniswap v3 and CEX, with 15.2% of the circulating supply available at TGE. The starting price is set at US$0.075, and the circulating market value at the time of issuance is US$11.4 million. Providing LP positions in the AZUR/ETH trading pair of DEX will receive AZUR incentives.
