Zircuit Token $ZRC will start trading at 10:00 UTC on November 25th.

ShenChao TechFlow News, Layer2 project Zircuit announced that the $ZRC Token transfer restriction will be officially lifted on November 25, 2024, at 10:00 (18:00 Beijing time).

According to the previously announced Token economic model, the total supply of $ZRC is 10 billion, and its specific allocation rules are as follows:

Airdrop and community rewards account for 21%: 7% for the first season Airdrop, 3% for the second season Airdrop, 2.45% for activity rewards, all unlocked at TGE; In addition, 8.55% is reserved for future Airdrops and rewards, with lock-up periods of 6 and 12 months, followed by linear release over 24 months.

Community reserved proportion 13.08%: 1 year lock-up period, followed by linear release over 24 months;

Development of the ecosystem accounts for 17.93%: 1-year lock-up period, followed by linear release over 24 months;

Foundation shareholding 18.7%: 1-year lock-up period, followed by linear release over 24 months;

Team holding ratio 18.74%: 1-year lock-up period, followed by linear release over 24 months;

Investors account for 10.55%: 1-year lock-up period, followed by linear release over 24 months.