Reya has revealed the Tokenomics and will conduct a Token Sale on CoinList

On November 20th, DEX Reya made an announcement regarding tokenomics. The total token supply amounts to 8 billion, and the token distribution is as follows: 45% for the community, 2% for the community sale, 3% for liquidity, 10% for the foundation, 17.5% for the team, 5% for the future team, and 17.5% for investors. The tokens of the Reya Labs team and investors will be locked for 1 year, and then will be unlocked linearly over 3 years. The distribution will commence with an airdrop to Reya users from the token generation event (TGE), and will be followed by multiple rounds of airdrops. The specific timing and amounts will be determined by the foundation. Reya will carry out a token sale on Coinlist from November 25th to December 2nd, selling 160 million tokens at a price of $0.01875, which corresponds to a fully diluted value (FDV) of $150 million. 50% will unlock at the TGE, and the remaining 50% will be unlocked linearly over the following 6 months after the TGE. The minimum purchase amount per account is $100, with priority given to small purchases.