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Suilend announces Tokenomics: Total supply of SEND Token is 100 million, Mdrop Airdrop accounts for 40%
According to the official announcement on November 21, Sui ecological lending protocol Suilend announced the Tokenomics scheme. The total supply of SEND Tokens is 100 million, distributed using the innovative Mdrop (mature Airdrop) mechanism. The specific allocation scheme is as follows: Community share 65%, including Suilend Mdrop 20%, Ecosystem Mdrop 5%, and SAVE Mdrop 15%; Project incentives 15%; Team share 15%; Investor share 20%; Treasury reserve 10%.
Ecology Airdrop mainly targets Rootlets Non-fungible Token, Capsule Non-fungible Token holders, as well as multiple SUI ecology Non-fungible Tokens and Token communities including Prime Machin, Bluefin Leagues, Aftermath Eggs, etc. The project party stated that they will launch an AMM project called Steamm that integrates with Suilend Depth in the first quarter of 2025 to further improve the layout of the Decentralized Finance ecology. Investor Tokens will be released linearly within 2 years, while the team Tokens will adopt a 4-year linear release mechanism.