BlockBeats News, April 21st. According to official sources, the on-chain token distribution protocol Sign has announced its tokenomics model. The total token supply of SIGN is 10 billion, which will be minted on the Ethereum mainnet and distributed through the BNB Chain and Base. In the token allocation, 40% is allocated for community incentives (where 10% is for the TGE airdrop, and 30% is for community rewards and future airdrops), 20% is allocated for supporters, 10% is allocated for early team members, 10% is allocated for the ecosystem, 20% is allocated for the foundation, 12% is allocated for core contributors, 3.5% is allocated for liquidity incentives, 2% is allocated for compliance budget, 2% is allocated for operational budget, and 0.5% is allocated for donations. The on-chain asset snapshot will take place on April 25, 2025, at 20:00:00.
In previous news, the token distribution on-chain infrastructure Sign completed a $16 million funding round, led by Yzi Labs.