Blockchain infrastructure project Espresso ESP unveils tokenomics, with 24.81% reserved for future incentives

Techub News reports that blockchain infrastructure project Espresso has unveiled the tokenomics of its ESP token. The initial total supply of ESP is 3.59 billion tokens. Due to the introduction of a dynamic adjustment mechanism for staking rewards, the token does not have a fixed maximum supply cap. In terms of specific allocation: 27.36% is allocated to contributors and 14.32% to investors, both subject to a 1-year cliff followed by a 4-year linear vesting period; 10% is allocated for airdrops, fully unlocked at TGE; and 24.81% is reserved for future incentives, with a 6-year linear vesting period.