XION unveils XION tokenomics, with 15.19% allocated to community and launch events

Walletless layer-1 blockchain XION has released on its official blog the tokenomics for its native token, XION. XION is designed with a maximum supply of 200 million tokens, with an initial circulating supply of 25,559,333 tokens. As per the project's token distribution scheme, 23% of the XION supply is allocated to ecosystem incentives and project incubation, 26.81% to strategic backers, 20% to the team (core contributors), 15% to protocol development and foundation treasury, along with 15.19% to community and launch events.