Resolv announces RESOLV token economics: airdrop accounts for 10% in the first quarter, and TGE registration will be opened this month

PANews reported on May 7 that DeFi protocol Resolv announced token economics. The utility of RESOLV tokens includes governance access, double rewards, and improving points multiplier and long-term pledge multiplier. The total supply of RESOLV tokens was 1 billion, of which airdrops accounted for 10% in the first quarter, ecosystems and communities accounted for 40.9%, teams and contributors accounted for 26.7%, and investors accounted for 22.4%. RESOLV tokens are about to undergo TGE, and will open registration in the first half of May, with a one-week registration period (both points program participants and Resolv recipients are eligible), and registered users will be screened before the airdrop officially begins to detect witch attacks and bad actors. The token collection page will last for 30 days after it is launched.

Previously, in April, Resolv Labs completed a $10 million seed round of financing, led by Cyber.Fund and Maven11 .