[Espresso Announces ESP Tokenomics: 10% Allocated for Airdrops, 24.81% for Future Incentives] Espresso Foundation has announced that the Espresso Network will transition to a decentralized Proof-of-Stake (PoS) consensus mechanism, along with the launch of the ESP token. ESP is an ERC-20 token with an initial total supply of 3.59 billion tokens and no fixed maximum supply. The ESP token will be used to support Espresso's HotShot consensus, pay protocol fees, and promote network decentralization and ecosystem development. Designed specifically for Rollups, Espresso Network provides fast, secure finality, low-cost data availability, and seamless cross-chain interoperability. The allocation of ESP tokens includes: Contributors (27.36%), Investors (14.32%), Airdrops (10%), Community Launchpad (1%), Staking Incentives (3.01%), Future Incentive Programs (24.81%), Foundation Operations (15%), and Liquidity Provision (4.5%). The airdrop portion will be fully unlocked, while other portions will be distributed according to various linear unlocking schedules.