PANews
PANews|11月 20, 2025 02:49
[BOB Announces Tokenomics and TGE Scheduled for November 20, EST] The hybrid blockchain project BOB (Build on Bitcoin) announced on X that its TGE will take place on November 20, EST. The official blog also unveiled the BOB tokenomics for the first time. The total supply of BOB tokens is 10 billion, which will be minted on the BOB hybrid chain and presented in the form of ERC20 tokens. The allocation rules are as follows: - 50.91% of BOB tokens will be allocated to the BOB community and ecosystem: initial subscription (4.15%), community public sale (2.00%), and ongoing ecosystem and community incentive programs (44.76%); - 10% of BOB tokens have been allocated to the BOB Foundation to fund research and development, as well as initiatives aimed at expanding and improving BOB's products, distribution, and technical design; - Approximately 20.09% of BOB tokens will be allocated to early supporters who provide critical financial, advisory, and strategic support; - 19% of BOB tokens will be reserved for early and future core contributors, attracting top talent in the industry to collaboratively build the future of the Bitcoin DeFi ecosystem. Tokens allocated to core contributors and early supporters will be locked at the time of TGE and unlocked according to a pre-determined 2-3 year vesting schedule. A total of 77.8% of the BOB token supply will be locked on the first day of token issuance. Tokens allocated to the foundation and the ecosystem and community will also be gradually unlocked over 48 months. All 10 billion tokens will be fully unlocked 48 months after the BOB token issuance.
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