Definitive launches tokens and opens airdrop applications, with 16% of EDGE allocated to the initial airdrop

Foresight News reported that the on chain trading execution platform Definitive announced the official launch of the token EDGE and opened the airdrop application window until May 1, 2025. EDGE is a token on the Base network with a total supply of 1 billion tokens. 49% of EDGE is allocated to the community, including 16% initial airdrop during TGE and 33% future rewards. In addition, 9.5% of the token is allocated to the treasury, 14.5% to investors (12-month lock up+2-year linear attribution), and 27% to the team (12-month lock up+2-year linear attribution). In addition, EDGE has opened up staking. Definitive stated that over 124000 addresses from Definitive, Jupiter, Hyperliquid, Odos, 0x, Photon, Bananagun, Drift, CoWSwap, and BullX were eligible for the initial airdrop, accounting for 16%.