🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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Phala Network Founder: eve will refer to aiPool and introduce the fourth generation Token Issuance model
BlockBeats News, on December 31st, Marvin Tong, the founder of Phala Network, announced on his social media platform that eve will refer to aiPool and introduce the fourth generation Tokenissuance model. The token distribution arrangement for the new model is as follows: 65% of the new tokens will be distributed proportionally according to the confirmed contributions of the Allowlist contributors. 20% of the new tokens will be used to create liquidity pools with SPORE on Metaora/Raydium, and the LP will be burned to lock in value. 10% will be held by the new AI agent for its initial operations and autonomy. 5% will be sent as profit sharing to the AI's Wallet of the parent company.