Tokenomics
Tokenomics Details of the CYGN Token Initial Supply
Last updated
Tokenomics Details of the CYGN Token Initial Supply
Last updated
In this section we aim to explain the Tokenomics of the CYGN token and share a detailed breakdown of the initial supply. Additionally, we detail the various mechanisms by which the token is distributed.
CYGN is a BEP-20 token and will function as the initial supply of the Cygnus Network on the Binance Smart Chain (BSC)
The CYGN Token is an initial fixed supply token with 100 Million total supply, and the following token distribution:
The CYGN Token has the following technical details:
Symbol: CYGN
Name: CygnusNetwork
Decimals: 18
Initial Total Supply: 100,000,000 CYGN
Non-mintable: New tokens cannot be created
Burnable: Existing tokens may get destroyed
DAO Support (Governance): Supports voting delegation