[Irys Announces IRYS Token Economics: Initial Circulation Accounts for 20%, 8% Allocated for Airdrops and Future Incentives] Programmable data chain Irys has announced the token economics for IRYS: the total supply of IRYS tokens is 10 billion, with an initial circulation accounting for 20%. The allocation ratio includes: ecosystem 30%, foundation 9.9%, airdrops and incentives 8%, liquidity and launch partners 8%, team and advisors 18.8%, investors 25.3%. Tokens for the team and investors will be locked for the first year. A 2% inflation reward will be distributed to validators annually, halving every four years; 50% of execution fees and 95% of periodic storage fees will be burned.