io.net announces IO token economic model: initial supply of 500 million, community eventually allocates 50%

According to official news, Solana ecosystem DePIN protocol io.net announced the token economic model of token IO. io.net will have an initial supply of 500 million IO at the time of creation, divided into five categories: seed investors, A-round investors, core contributors, R&D and ecosystem, and community. As IO is issued to incentivize network growth and adoption, it will grow to a fixed maximum supply of 800 million in 20 years. Rewards will be released to suppliers and pledgers every hour for 20 years. The reward adopts a deflationary model, starting from 8% in the first year, and decreasing by 1.02% per month (about 12% per year) until the upper limit of 800 million IO is reached. #io.net