October 23rd, the oracle project Supra announced that it will conduct a public sale on October 25th at 15:00, with 50 million SUPRA tokens available for public purchase. Buyers need to invest at least $200, with no maximum limit. According to official documents, the supply of SUPRA tokens is 10,000,000,000 (10 billion).
In addition, the remaining SUPRA tokens will be allocated as follows: Block rewards (21%): distributed to validators to ensure the security of the oracle network, with a distribution period of 15-21 years. Foundation (17.00%): used to develop and cultivate the Supra and Web3 data ecosystem, with a distribution mechanism including a 6-month cliff and 7-year quarterly unlock.
Founders, team members, future employees, and consultants (16.00%): distribution mechanism includes a 12-month cliff period, followed by a 20% release for the first two years and a 30% release for the next two years (released quarterly). Exchange liquidity (3.85%): deployed as needed. Pre-Seed round, Seed round, Strategic round, etc. each have different distribution mechanisms.
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