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Phala Network founder: Eve will refer to aiPool and introduce the fourth-generation token issuance model

Phala Network founder: Eve will refer to aiPool and introduce the fourth-generation token issuance model

CointimeCointime2024/12/31 14:44
By:Cointime

Marvin Tong, the founder of Phala Network, posted on his social media platform that eve will reference aiPool and introduce the fourth-generation token issuance model.

The token distribution arrangement for the new model is as follows:

65% of the new tokens will be distributed to whitelist contributors in proportion to their confirmed contributions.

20% of the new tokens will be created with SPORE in the liquidity pool on Metaora/Raydium, and the LP will be burned to lock in value.

10% will be held by a new AI agent for its initial operation and autonomy.

5% will be sent as profit sharing to the AI's wallet of the parent company.

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