Layer1 Blockchain Canto Announced Token Distribution Details at Genesis

Layer1 blockchain Canto announced the distribution details of its token $CANTO at genesis. The initial supply of $CANTO is 1 billion. 13% will be distributed to contributors, 2% will be distributed to participants of the Settlers of Canto testnet event, 5% will be distributed to future grants, 35% will be distributed to mid-term liquid mining incentives, and 45% will be distributed to long-term liquid mining incentives.