The Ethereum-based SUDO token’s initial supply of 60 million will be distributed mostly to holders of XMON, the native token behind the 0xmon NFT collection, created by the founders of Sudoswap. XMON holders will participate in a lockup to collectively receive 41.9% of the total SUDO supply. During the three-month lockup, XMON holders can receive 10,000 SUDO per XMON token locked.
Related posts
-
Solana MVRV Signals More Gains Ahead Amidst Market Downturn: Glassnode
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While... -
Market Madness: Bitcoin Dips, Most Meme Coins Tank, but Fartcoin Moonshots
Over the past week, bitcoin has dipped 4.18%, while ethereum has tumbled over 13% against the... -
US Charges 2 Men in $22 Million NFT Rugpull Crypto Fraud Scheme
Two Southern California men, Gabriel Hay and Gavin Mayo,...