Union announces U token economics, with community incentives accounting for 12%

ChainCatcher news, according to official information, the interoperability protocol Union has announced the U token economics, with an initial total issuance of 10 billion tokens, of which the initial circulating supply is 1,919,050,000 tokens (accounting for 19.19% of the pre-inflation total), distributed as follows:

• Strategic investors allocation 21.4%;
• Ecosystem allocation 14.1%;
• Foundation allocation 20%;
• Community incentive allocation 12%;
• DAO treasury 12.5%;
• Core contributors 20%.

Union will launch with an annual token inflation rate of 6%, which will decrease by 10% each year until it reaches 2%. This inflation rate is a fixed percentage and will not change based on the amount staked.