HUMA Token to Debut on Binance Alpha with Airdrop on May 26
- As per the tokenomics of Huma, the overall supply of HUMA is capped at around 10 billion tokens.
- Around ⅓ unlocking will be done at TGE, and the remaining will be done in the coming six months.
The native token of Huma Finance, HUMA, is going to have its official debut on Binance Alpha on May 26. On May 26, Binance confirmed through an announcement that HUMA will be registered on Binance Alpha.
Binance Alpha is an early access section of the platform that demonstrates trending and guaranteeing Web3 projects. The registration will showcase its first official appearance of the token and will go live alongside Huma Finance’s Token Generation Event (TGE), which is also scheduled for May 26.
However, the time of launch has not been revealed yet. Binance Alpha will also have an airdrop campaign within the framework of the launch. Users can use their Alpha Points, a reward system given by Binance for early engagement, to get HUMA tokens.
It is noteworthy that being registered on Binance Alpha does not indicate that it is automatically listed on the main exchange of Binance. So far, the projects that gain momentum indicate that strong community support is expected for a spot listing.
The Tokenomics of Huma
As per the tokenomics of Huma, the overall supply of HUMA is capped at around 10 billion tokens, having 17.33% determined to be in circulation at the time of launch. In overall supply, around 500 million HUMA tokens have been allotted for the Season 1 airdrop.
Around 65% of this will be given to Liquidity Providers who backed pools on Huma Institutional and Huma 2.0. The majority of the airdrop rewards will be completely unlocked at TGE, excluding institutional LPs and ecosystem partners, whose rewards will work according to a vesting schedule.
Around ⅓ unlocking will be done at TGE, and the remaining will be done in the coming six months. As per tokenomics, around 31% of the overall supply is given to support liquidity and ecosystem advancement.
20.6% is kept for investors, 19.3% is reserved for the Huma team and advisors, and 11.1% is reserved in the protocol treasury. Tokens reserved for the team as well as investors will be locked for the first year. After this, they will enable slowly over a three-year period.
Highlighted Crypto News Today:
Read More
Trump-Linked USD1 Stablecoin Reaches $2.1 Billion Cap, Lands Binance Listing
HUMA Token to Debut on Binance Alpha with Airdrop on May 26
- As per the tokenomics of Huma, the overall supply of HUMA is capped at around 10 billion tokens.
- Around ⅓ unlocking will be done at TGE, and the remaining will be done in the coming six months.
The native token of Huma Finance, HUMA, is going to have its official debut on Binance Alpha on May 26. On May 26, Binance confirmed through an announcement that HUMA will be registered on Binance Alpha.
Binance Alpha is an early access section of the platform that demonstrates trending and guaranteeing Web3 projects. The registration will showcase its first official appearance of the token and will go live alongside Huma Finance’s Token Generation Event (TGE), which is also scheduled for May 26.
However, the time of launch has not been revealed yet. Binance Alpha will also have an airdrop campaign within the framework of the launch. Users can use their Alpha Points, a reward system given by Binance for early engagement, to get HUMA tokens.
It is noteworthy that being registered on Binance Alpha does not indicate that it is automatically listed on the main exchange of Binance. So far, the projects that gain momentum indicate that strong community support is expected for a spot listing.
The Tokenomics of Huma
As per the tokenomics of Huma, the overall supply of HUMA is capped at around 10 billion tokens, having 17.33% determined to be in circulation at the time of launch. In overall supply, around 500 million HUMA tokens have been allotted for the Season 1 airdrop.
Around 65% of this will be given to Liquidity Providers who backed pools on Huma Institutional and Huma 2.0. The majority of the airdrop rewards will be completely unlocked at TGE, excluding institutional LPs and ecosystem partners, whose rewards will work according to a vesting schedule.
Around ⅓ unlocking will be done at TGE, and the remaining will be done in the coming six months. As per tokenomics, around 31% of the overall supply is given to support liquidity and ecosystem advancement.
20.6% is kept for investors, 19.3% is reserved for the Huma team and advisors, and 11.1% is reserved in the protocol treasury. Tokens reserved for the team as well as investors will be locked for the first year. After this, they will enable slowly over a three-year period.
Highlighted Crypto News Today:
Read More