Lnfi Network announces token economics, 10% of tokens will be pre-mined and airdropped before TGE

Lnfi Network (formerly NostrAssets) is a comprehensive financialization layer that aims to bring Web3 and tokenization into it and rebuild decentralized finance on the Lightning Network. Lnfi Network covers the entire token life cycle, including the creation, management, fundraising and 贸易 of Taproot assets. LN 交换 is the first decentralized order book trading platform on the Lightning Network launched by Lnfi Network, providing fast, secure, transparent and low-cost Bitcoin and Taproot Assets transactions, and is committed to creating the best trading experience for users.

Lnfi Network recently announced a series of good news. Its TGE is expected to be held in Q1 2015. 10% of the tokens will be released through pre-mining and airdrop before TGE. More details are summarized as follows:

1. Announced the completion of pre-seed financing and obtained investment from many well-known VCs

2. After one year of development, we have achieved some remarkable results:

1. Connect more than 350,000 users to the Lightning Network and Lnfi

2. Become the largest Lightning channel partner of Binance and OKX, and rank 11th in the world

3. In 2023, a large-scale airdrop campaign will be carried out, including TREAT, TRICK and NOSTR, with a single address airdrop value exceeding US$20,000

4. Built the largest peer-to-peer 市场 for Taproot Assets, facilitating nearly 2,000 BTC in transactions to date

5. During the trial run of LN Exchange , the daily trading volume of USDT-based perpetual contracts reached 30 million US dollars

3. Disclosure of Lnfi Network 代币 Economics: Building a Community-Driven Ecosystem

The token economics of Lnfi Network is designed to prioritize the community and look to the future. 60% of the total token supply is allocated to the community, reflecting a commitment to a community-driven flywheel model. This strategic design ensures continued growth and innovation in the Lnfi ecosystem, supporting users and stakeholders in the long term. A portion of Lnfis total supply will provide liquidity at the launch of the mainnet, and the remaining tokens will continue to be redeemed or distributed as future token reward subsidies over the next few years.

The details of each category are outlined below:

1. Community (60.00%)

(1) Pre-launch transaction mining rewards + airdrop (10%):

Starting from November 25, 2024, Lnfi Network will launch the third phase of the LN Exchange transaction points reward program. This is the most critical participation period before the official launch of LN Exchange. At the same time, future airdrop targets will also mainly come from contributors during this period.

(2) Trading Mining Rewards: Continuously reward users who trade and promote in the spot and perpetual contract markets

(3) Channel Mining Rewards: Incentives for users who have joined the Lightning Network, provided liquidity, and kept their own assets on LN nodes

(4) PayFi Mining Rewards: Incentivize payment activities on the Lightning Network to promote the global adoption of the Lightning Network

(5) $TREAT Token Exchange –

2. Allocate to fund ecosystems aligned with Lnfi鈥檚 mission

3. Investors (11.75%)

4. Tokens are allocated in key financing rounds (Pre-seed, Seed and Public) to support Lnfi鈥檚 growth and vision.

5. Team and Consultants (22.00%)

Note: Tokens allocated to Lnfi team members and advisors have a 12-month lockup period from TGE and then unlock over a 48-month cycle to ensure long-term commitment.

4. Launch the Lnfi Community Partner Program, which mainly focuses on this part of users in terms of double-weighted mining power and airdrops.

Join the Lnfi Community Partner Program and become a co-creator of LN Exchange, a Lightning Network-based order book exchange.

Lnfi community partner benefits include: exclusive invitation privileges, double weighted transaction mining computing power, referral commission rewards, exclusive APY weighted for locking Lnfi tokens or other assets, airdrop rewards, and exclusive Lnfi Community Partner community.

This article is sourced from the internet: Lnfi Network announces token economics, 10% of tokens will be pre-mined and airdropped before TGE

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