The blockchain data infrastructure provider Chainbase recently disclosed the economic model details of its Token C. According to the published information, the total issuance of Token C is 1 billion, and currently, 160 million (16%) are in circulation. The remaining tokens will be gradually released to the market according to the established plan.

To maintain market stability, Chainbase has implemented a cautious Token unlocking mechanism. Specifically, for the Tokens held by team members and early investors, a linear unlocking strategy over a period of 3 years will be executed to prevent large-scale selling pressure in the short term.

The CEO of Chainbase emphasized in a statement: "We have carefully designed this progressive token issuance plan to ensure long-term stability in the market while providing the necessary financial support for the ongoing development of the ecosystem."

In addition to the portions held by the team and investors, the Token distribution also includes a fund for ecosystem development, which will be used to incentivize developers and support partnership programs. Furthermore, a certain percentage of the Tokens will be allocated for community rewards, including airdrop activities and liquidity mining incentives.

It is worth noting that Chainbase has previously airdropped 750 C Tokens to Binance Alpha users, worth approximately $380, in recognition of the contributions of early supporters. Recently, through community governance, Chainbase also passed a proposal to establish a dedicated developer incentive pool. This initiative aims to attract more DApp developers, data analysts, and ecosystem contributors to promote the widespread application and development of on-chain data tools.

With the announcement of the Token economic model and the implementation of new incentive programs, the industry generally believes that this will have a positive impact on the development of the Chainbase ecosystem, and is expected to promote the emergence of more innovative projects and applications.