Glint Coin price

GLINT

#8159

The total supply of GLINT is 22,000,000 tokens.

44% of the total supply (9,680,000) is gradually distributed between TON Diamonds NFT holders through a farming mechanic during two seasons. The first season started on May 31, 2023, and will continue until December 1, 2023. The next season will be announced in 2024.

11% of the total supply (2,420,000) was released for trading on Decentralized Exchanges.

22% of the total supply (4,840,000) is dedicated to the team, supporting the token development and promotion.

11% of the total supply (2,420,000) is reserved for burning TON Diamonds NFT. This will occur by transferring the NFT to a special smart contract (to be developed later). By doing this, the holder will instantly receive a certain amount of $GLINT that this NFT is supposed to farm during the current farming season. The burned TON Diamonds NFT becomes a property of the TON Diamonds platform and will be later returned to the market. A more detailed description of this mechanic will be announced in Q4 2023.

12% of the total supply (2,640,000) is reserved for staking rewards.

Thus, 67% of the token will not be available for direct purchase and will be distributed through farming, staking, and burning mechanics.