Self Chain updates SELF token economics: extends team allocation token vesting period from 2 years to 6 years

According to official news, Self Chain has updated the SELF token economics, extending the team allocation vesting period from 2 years to 6 years to achieve long-term and sustainable development of the project. According to its disclosure, the initial total supply of SELF tokens when the Self Chain mainnet is launched is 360 million, and the allocation details are as follows: Migration Allocation: 25%, or 90 million; Equity investors: 10%, or 36 million; Validator nodes/growth sales: 28%, or 100 million; Ecosystem: 19%, or 68 million; Foundation nodes: 10%, or 36 million; Team: 8%, or 30 million. Among them, the SELF tokens allocated to the team will not be released when the mainnet is launched, followed by a 12-month cliff, followed by 72 months of monthly vesting. According to reports, Self Chain is a Modular Intent-Centric Access L1 chain, and also provides wallet infrastructure services for multi-chain Web3 access using MPC-TSS/AA.