Victor Oluoma 
Smart Layer Network (SLN) announces an upcoming airdrop alongside the release of it’s native token, SLN’s, tokenomics.
Smart Layer Network (SLN), a programmable service network, announced an impending airdrop at the same time that it released the tokenomics for its native utility and governance token, SLN. The airdrop is set to begin collecting SLN on February 23, and it is anticipated that 2% of the overall supply will be distributed during the event.
The Smart Layer Launchpad and other ecosystem products rely on Smart Layer’s SLN token for network security and power. There will be a maximum of 100,000,000 SLN tokens distributed among various stakeholders.
Seed investors will reportedly receive 6.8125% after a 6-month lock-up and an 18-month linear unlock, as stated in the article. This is in contrast to the 19.6364% allotted to other investors, who are subject to a 6-month lock-up and a 12-month linear unlock. Following a 6-month lock-up and a linear unlock that spans 36 months, the team and equity investors receive 22.96%.
Starting on February 1, 2025, node awards will be distributed on the same day, with a 20% allocation.
An amount of 20% will be distributed in conjunction with the token generating event (TGE), and it will be released in a linear fashion over the course of 48 months; the remaining 18.4% will go toward the ecosystem fund. In addition, TGE will receive 100% of the funds, while the treasury/reserve and community incentive pool will each receive 4%. With TGE receiving 100%, marketing and partners receive 2.1911%.
Smart Layer Network Promotes Ecosystem Development
Smart Layer Network is a decentralized, scalable, and secure service network that runs on the blockchain. It allows users to write token logic, which allows them to communicate with other systems and tokens. Alpha testing began in January.
In order to promote the broad use of token front-ends, Smart Layer Network provides a variety of resources, including tools, protocols, and technology. It introduces a token front-end that improves liquidity and utility while developing the ERC-5169 token standard and TokenScript. Smart Cats is a large-scale implementation of this technology that has served over half a million users and completed over 22 million blockchain transactions.
The Smart Layer Network spot trading market was just added to OKX, a cryptocurrency exchange. Spot trading between SLN and USDT is expected to begin on February 23, and deposits for SLN tokens are expected to open today. Beginning on February 24th, you will be able to make SLN withdrawals.
Smart Layer Network has shown its dedication to community contributions by introducing tokenomics, which will enhance its ecosystem.
