Mango Network announces MGO tokenomics: total supply of 10 billion Tokens, with 5% allocated for Testnet Airdrop.

On June 23, the Multi-VM full-chain network Mango Network announced the MGO tokenomics, with a total token supply of 10 billion. The token distribution is as follows: 20% POS staking pool; 20% foundation; 17% ecosystem innovation fund; 15% team and early contributors; 5% Testnet Airdrop; 15% investors; 5% Mainnet Airdrop; 3% advisors. Mango Network completed a $13.5 million financing round in February, with participation from Ainfra Ventures, CEX Ventures, Tido Capital, Connectico Capital, Becker Ventures, Tfund, Mobile Capital, CatcherVC, and others.