Union announces U token economic model: community incentives account for 12%

Hase Chain has announced that Union has published its U token economic model, with a total genesis supply set at 10 billion tokens, and an initial circulating supply of 1.91905 billion tokens, accounting for 19.19% of the total circulating supply. In the details of the genesis distribution, strategic investors hold 21.4%, the ecosystem accounts for 14.1%, the foundation allocation is 20%, community incentives account for 12%, the DAO treasury holds 12.5%, and core contributors receive 20%. Of the initial 19.19% circulating supply, 11.19% is allocated to the ecosystem and community through the ecosystem fund, DAO treasury, and community incentive programs. The remaining 8% is allocated to the Union foundation to support the development goals of the Union network. The annual issuance rate of the U token is initially set at 6%, decreasing by 10% each year until it reaches 2%. This issuance rate is a fixed percentage and does not change based on the amount staked. Staking rewards are dynamically calculated based on the proportion of staked tokens.