Oracle network Pyth announced the tokenomics of its governance token $PYTH. The max supply of $PYTH is 10 billion and the initial circulating supply is 1.5 billion. The other 85% of the $PYTH tokens are initially locked and will unlock 6, 18, 30, and 42 months after the initial token launch.
The token distribution is as follows:
<ul>
 <li>Data providers: 22%</li>
 <li>Ecosystem growth: 52%</li>
 <li>Protocol development: 10%</li>
 <li>Community and token launch: 6%</li>
 <li>Private sales: 10%</li>
</ul>
<img src="https://s2.tokeninsight.com/static/calendar/img20231017111252050494da-de06-43d8-9784-71b031dc026a.jpg">
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Oracle Network Pyth Announces $PYTH Tokenomics

TokenInsight

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