Espresso announces ESP tokenomics: 10% will be used for airdrops, 24.81% will be allocated for future incentives

Foresight News reports that blockchain infrastructure project Espresso has announced its ESP tokenomics. The initial total supply of ESP tokens is 3.59 billion, with a dynamic adjustment mechanism for staking rewards, so there is no fixed maximum supply limit. Among them, 27.36% will be allocated to contributors (1-year cliff, 4-year linear unlock), 14.32% to investors (1-year cliff, 4-year linear unlock), 10% for airdrops (eligibility and distribution are based on a comprehensive assessment mechanism, including over 40 qualification methods, fully unlocked at TGE), 1% for community sale (1-year cliff, 2-year linear unlock), 3.01% for staking rewards and network decentralization (2-year linear unlock), 24.81% for future incentives (these tokens will support diversified programs, 6-year linear unlock), 15% for foundation operations (6-year linear unlock), and 4.5% for liquidity provision and additional activation (fully unlocked at TGE).