Section 4️⃣

Lava Tokenomics 👀

The tokenomic structure of Lava Network is designed to support the growth and sustainability of the network, with a total LAVA token supply capped at 1 billion and the distribution is as follows 👇

R&D and Ecosystem: %31

Core Contributors: %27

Holders: %17

Future Initiatives (including Airdrop): %15

Provider Rewards Reserve: %10

This distribution aims to facilitate the development of the network, incentivize contributors, and reward providers.

Additionally, Lava Network is implementing various strategies to promote ecosystem growth, some of which are as follows 👇

Magma Points: Points used to reward community members, separate from LAVA tokens

Incentivized RPC Pools: Chains can create incentivized RPC pools on Lava using their local tokens, which encourages providers to offer services

Community Pool: Funds collected from block rewards, subscriptions, and incentivized RPC pools will be used by the DAO for future community initiatives..

$Lava #lava