Solana Unveils LAYER Tokenomics: 1 Billion Supply, 51% for Community

Solana's staking platform, Solayer, has recently revealed the tokenomics, community, and ecosystem allocation for the LAYER token. The maximum supply of LAYER tokens is set at 1 billion, with an initial circulating supply of 220 million. The tokens will be distributed through the Emerald Card community sale and a genesis airdrop to early users.

The tokenomics breakdown is as follows: Community and Ecosystem account for 51.23%, Core Contributors hold 17.11%, Investors have 16.66%, and the Foundation retains 15%. Early eligible community members will have their Genesis Drop immediately unlocked at launch.

This announcement comes as part of Solana's ongoing efforts to expand its ecosystem and engage with its community. The LAYER token is designed to incentivize participation in the Solana network and support its growth. As the platform continues to develop, it will be interesting to see how the tokenomics and community engagement evolve.