[Irys Announces Tokenomics: 8% Allocated for Airdrops and Future Incentives] November 21 News: Programmable data chain Irys has announced the tokenomics for its IRYS token. The total supply of IRYS tokens is 10 billion, with 20% in circulation. Among the allocation: 30% will be used for the ecosystem, 9.9% will be allocated to the foundation, 8% will be used for airdrops and future incentives, 8% will be allocated to liquidity and launch partners, 18.8% will be allocated to the team and advisors, and 25.3% will be allocated to investors. Tokens held by the team and investors will be locked for the first year. The official team will distribute a 2% reward annually to validators/miners, with the reward halving every four years. Additionally, 50% of execution fees and 95% of periodic storage fees will be burned.