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Kamino will issue KMNO tokens on April 30, with the initial community distribution accounting for 7.5% of the total

2024-04-26 19:22
According to BlockBeats, on April 26, according to official news, the Solana ecosystem composable automated liquidity management protocol Kamino Finance Foundation announced the KMNO token economics. The total amount of KMNO is 10 billion, and the initial circulation supply is expected to be 1 billion, of which 750 million will be distributed to the community initially, and the TGE date is April 30, 2024. The KMNO token economics are: Community and grants: 35% (including 7.5% of the genesis distribution); Liquidity and treasury: 10%; Core contributors: 20%; Key stakeholders and advisors: 35%.
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