Falcon Finance Public Sale Raises Over $96 Million, Oversubscribed by 24x

BlockBeats News, September 23rd, Falcon Finance's FF token sale on BuidlPad is currently raising over $96 million, oversubscribed by 24 times. Previously, BuidlPad's official announcement stated that the event would be extended by 6 hours, until 12:00 a.m. Beijing time tonight.

Yesterday, Falcon Finance updated the tokenomics, adding that the TGE circulating supply is approximately 2.34 billion tokens. On September 20th, Falcon Finance released the FF tokenomics model, with a total supply of 10 billion tokens managed by an independent foundation. The allocation is as follows: 35% to the ecosystem, 32.2% to the foundation, 20% to the core team and early contributors, 8.3% for community airdrops and Launchpad sales, and 4.5% to investors.