PANews reported on June 29 that the decentralized leveraged trading protocol Particle from the Blast ecosystem released the PTC tokenomics. The TGE will take place on July 2 at 18:00 Singapore time (UTC+8). The maximum supply of tokens is 200 million, with 55% allocated to the community, 21% to contributors, and 24% to investors. An initial airdrop of 20 million tokens (approximately 18.2% of the community allocation) will be vested linearly over 24 months. Tokens for contributors and investors will be locked for 6 months.
Previously, it was announced that the decentralized leveraged trading protocol Particle from the Blast ecosystem would launch its native token PTC, with the official issuance planned for early July, and the exact time to be announced soon. Particle stated that a snapshot of Particle points would be taken before the Token Generation Event (TGE) to calculate the airdrop ratio for each user. Additionally, some PTC tokens will be used to reward participants in various past and ongoing activities, including partnerships, specific Galxe events, social activities, and early and long-term protocol testers. Particle currently has no plans for a public sale or Liquidity Bootstrapping Pool (LBP) for PTC and advises users to be cautious of potential scams. In the coming days, Particle will release more detailed information about PTC, including the token economic model, the exact time of the TGE, and airdrop details.
