Near ecological re-staking platform Linear Finance launches governance token LNR through Genesis airdrop

2024-01-17 14:00:26BlockBeatsShare to:

According to BlockBeats news, on January 17, Near ecological re-pledge platform Linear Finance announced the launch of the governance token LNR and distributed it to active community members through the Genesis airdrop. Users can log in to the NEAR wallet before April 15, 2024 to claim LNR rewards. LNR will give holders governance rights, including participation in staking and re-staking strategies, multi-chain deployment and other decisions. The total supply of LNR in the Genesis airdrop is 1 billion, of which: - 10% will be issued to LiNEAR stakers through airdrop; - 9% will be used for team incentives for one year, and then linearly vests in the next three years; - 11% of tokens are reserved for future airdrops; - 8% will be used for protocol development; - 12% will be used for marketing and operations; - 27% will be used for community initiatives; - 23% will be stored in the DAO vault.

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Price	$3.206 USD	Price Change (24h)	-2.05%	Trading Volume (24h)	$295,239,871.57 USD
Market Cap	$7,525,802,065.02 USD	Circulating Supply	1,068,708,437	Max Supply:	--

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