Mango Network Announces MGO Tokenomics: Total Supply of 10 Billion, with 5% for Testnet Airdrop

According to BlockBeats, on June 23, the Multi-VM full-chain network Mango Network announced the MGO tokenomics, with a total token supply of 10 billion. The token distribution is as follows: 20% POS staking pool; 20% foundation; 17% ecosystem innovation fund; 15% team and early contributors; 5% testnet airdrop; 15% investors; 5% mainnet airdrop; 3% advisors.

Mango Network completed a $13.5 million financing round in February, with investments from Ainfra Ventures, Kucoin Ventures, Tido Capital, Connectico Capital, Becker Ventures, Tfund, Mobile Capital, CatcherVC, and others.