LBP platform Fjord Foundry announced on the X platform that its native token FJO LBP has been launched and will last for 72 hours.
According to official information previously disclosed, the LBP supply is 7.5 million (7.5% of the supply). In addition, the total amount of FJO is 100 million, and the initial starting supply is expected to be about 15%, of which about half will come from the Fjord LBP activity. After six months, the supply reached about 30%. 4% of the total supply will be distributed to the community through airdrops for a period of three months. The airdrop snapshot was taken on March 22.
According to reports, Fjord is a community-centric financing platform that aims to connect innovative projects with participating supporters through fair and transparent LBP.