Irys tokenomics: 8% will be used for airdrops and future incentives

Foresight News: Programmable data chain Irys has announced the tokenomics for IRYS. The total supply of IRYS tokens is 10 billion, with 20% in circulation. Of the total, 30% will be allocated to the ecosystem, 9.9% to the foundation, 8% for airdrops and future incentives, 8% to liquidity and launch partners, 18.8% to the team and advisors, and 25.3% to investors. Tokens held by the team and investors will be locked for the first year. The official team will distribute a 2% reward annually to validators/miners, with the reward halving every four years. Additionally, 50% of execution fees and 95% of periodic storage fees will be burned.