zkPass Unveils Tokenomics: Total Supply 1 Billion Tokens, Community Allocation 48.5%

Techub News, the privacy protection protocol zkPass has announced its token economics. The ZKP token is based on the ERC-20 standard, with a total supply of 1 billion tokens. Token functions include settlement medium, validator collateral, network points, service access, and cross-system verifiability and governance.  Regarding token allocation and unlock schedule: Community accounts for 48.5% (12.5% unlocked at TGE, 6% linearly released over the first 3 months, followed by 30% released monthly over the next 5 years); Early investors account for 22.5% (linearly released over 18 months after a 12-month lock-up period); Core contributors account for 14% (linearly released over 24 months after a 24-month lock-up period); DAO Treasury accounts for 10% (linearly released over 5 years); Liquidity accounts for 5% (100% unlocked at TGE).