NEWT announces token economics, with 10% allocated for initial airdrops and community rewards

According to Foresight News, Newton Protocol (NEWT) has announced token economics, with a total fixed supply of 1 billion tokens (1000000000). When NEWT was launched, the circulating supply was 215 million pieces (accounting for 21.5%). 60% of the supply is allocated to community categories, and 40% is allocated to internal categories. Community allocation refers to reserved tokens used to directly support the growth, technological development, and decentralization of Newton Protocol, including ecosystem grants, network rewards, community rewards, and operational support provided through the Onchain Foundation vault. 40% allocation refers to the tokens allocated to core contributors, early supporters, and Magic Labs in recognition of their foundational work in building and supporting the protocol launch process. These allocations represent important resources for sustainable management and development of the ecosystem, with 10% allocated for initial airdrops and community rewards. Officially, NEWT TGE and airdrop will be launched on June 24th.