Oracle network Pyth announced the tokenomics of its governance token $PYTH. The max supply of $PYTH is 10 billion and the initial circulating supply is 1.5 billion. The other 85% of the $PYTH tokens are initially locked and will unlock 6, 18, 30, and 42 months after the initial token launch.
The token distribution is as follows:
- Data providers: 22%
- Ecosystem growth: 52%
- Protocol development: 10%
- Community and token launch: 6%
- Private sales: 10%
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