What is the
#Vana token? How far can the goals reach?
VANA is the native token of the decentralized AI data liquidity network Vana, operating on an EVM-compatible Layer 1 blockchain, focusing on user data sovereignty and privacy protection. The core goal of Vana is to enable users to own, control, and profit from their own data through decentralized technology, while providing developers with cross-platform data support for training AI models and building personalized applications.
Token functions:
Network security: Used for staking to support network security and operations.
Governance voting: Token holders can participate in DataDAO and ecosystem governance.
Transaction fees: Pay gas fees within the network.
Data access: Used to access data in DataDAO or incentivize data contributors.
Reward mechanism: Rewards high-quality data contributions through the Data Liquidity Pool (DLP).
Token economics:
Total supply: 120 million tokens.
Distribution ratio: Community 44% (36 months unlocking), Ecosystem 22.9% (48 months unlocking), Core contributors 18.8% (1-year lock + 4 years unlocking), Investors 14.2% (1-year lock + 3 years unlocking).
TGE (Token Generation Event) circulation: Approximately 28.5%.
Token unlocking and market fluctuations:
According to the token economics, tokens for the community and ecosystem are gradually unlocking (36-48 month cycle). A small portion of tokens may continue to enter circulation in May 2025, potentially leading to selling pressure, especially at low price levels ($4.7-$6.2). There will be a significant unlocking in June.
Short term: Pay attention to the token unlocking announcements and airdrop activities in May, and be cautious of selling pressure risks. It is recommended to build positions at $4.7-$6.2, with a stop loss at $5.7, and a target of $7.5-$10.
Long term: The narrative combining VANA's data sovereignty and AI has potential, with a target of $40.