Lumoz announces token economics: total MOZ tokens are 10 billion, 6% allocated to the community

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Cointime2024/12/05 11:44

By:Cointime

On December 5th, Lumoz, a modular computing layer and RaaS platform, announced its token economics plan. The total supply of MOZ tokens is 10 billion, with 50% allocated to zkProver network (25%) and zkVerifier nodes (25%), early contributors accounting for 16%, investors accounting for 18%, and the ecosystem and community accounting for 10% and 6%, respectively.

The platform adopts a dual token model of MOZ and esMOZ, with a 1:1 exchange rate between the two. The initial circulating supply is approximately 11%, and all tokens will be unlocked within 10 years and no additional tokens will be issued. Holding Lumoz OG NFT can exempt the unlocking period for esMOZ to exchange for MOZ.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cryptopolitan•2024/12/14 20:00