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Reya has revealed the Tokenomics and will conduct a Token Sale on CoinList
BlockBeats News, November 20th, DEX Reya announced the tokenomics. The total token supply is 8 billion, with token distribution as follows: Community 45%, Community Sale 2%, Liquidity 3%, Foundation 10%, Team 17.5%, Future Team 5%, Investors 17.5%. The Reya Labs team and investor tokens will be locked for 1 year, followed by a linear unlock over 3 years. Distribution will start with an airdrop to Reya users from TGE and will be followed by multiple rounds of airdrops, with specific timing and amounts determined by the foundation.
Reya will conduct a token sale on Coinlist from November 25th to December 2nd, selling 160 million tokens at a price of $0.01875, corresponding to a FDV of $150 million. 50% will unlock at TGE, and the remaining 50% will linearly unlock over the following 6 months after TGE. The minimum purchase amount per account is $100, with priority given to small purchases.
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