LayerNet(NET) New Listing on gate.io

LayerNet(NET)

$0.002317

23.86%

Listing

Source

According to gate.io's official announcement, LayerNet (NET) is soon going to be listed on the gate.io crypto exchange.

LayerNet Listing Schedule

Trading starts time: 10:00 AM July 25th, 2024 (UTC) (Trading pair: NET/USDT)

About LayerNet

LayerNet is the first zk-based infrastructure on Solana, aiming to help onboard 900 million Telegram users to Solana, comparable to StarkEx behind IMX. LayerNet plans to create a dedicated space within Solana's framework, accommodating 900 million Telegram users. In this space, users will enjoy zero gas fees while benefiting from Solana's robust security. This space is compatible with existing Solana developers and infrastructure, including Phantom wallet.

The LayerNet DApp will support applications for payments, social interactions, and gaming, similar to the current functionalities of TON. We aim to challenge the entire TON ecosystem based on Solana! Following Solana's deployment of Blink on the X platform, we will build LayerNet on Telegram!

LayerNet Token Distribution

Partner: 6.625% 15% released at TGE, followed by a 1 month cliff and 6 month linear vesting (5,300,000,000 NET)
Bybit IDO: 1.875% 100% released at TGE (1,500,000,000 NET)
Community: 40% 60% released at TGE, followed by 1 month cliff and 20 month vesting period (32,000,000,000 NET)
Ecosystem / Treasury: 25% 1 month cliff, followed by 25 month vesting period (20,000,000,000 NET)
Liquidity Pool / Listing: 10.5% 80% released at TGE, followed by 1 month cliff and 8 month vesting period (8,400,000,000 NET)
Team / Advisor: 16% 9 month cliff, followed by 20 month vesting period (12,800,000,000 NET)