METoken tokenomics announced: total supply of 1 billion tokens, TGE initial allocation ratio 12.5%

Odaily Star News ME Foundation announced ME Tokenomics, with a total supply of 1 billion tokens, and token distribution will be released over 4 years, with more than half allocated to the community. Among them, the initial allocation of ME in TGE accounts for 12.5%, the community and ecosystem accounts for 37.7%, contributors account for 26.2%, and strategic participants account for 23.6%. ME will be distributed over 4 years, and by then all ME will be fully circulated, with the majority allocated to the community. To ensure the community and protocol are safe from security issues, the official will appoint a Security Committee of 5 members to oversee a Multi-signature Wallet, which can execute both emergency and non-emergency actions. This information will be outlined in the ME DAO charter after TGE. The ME Foundation will act as the manager of ME. In addition, ME TGE is coming soon, and the relevant information is as follows:

• There will be an Airdrop eligibility checker where users can check which Wallets are eligible before the TGE. Users can also link their Wallets at this time, similar to the TestME application process. If the Wallet has already been linked during TestME, there is no need to link it again.
• On the TGE day and afterwards, there will be a claiming period during which eligible users can claim and stake their ME Token.
• The ME TGE will mark the beginning of a community-operated initiative aimed at accelerating the on-chain economy.