➗Token Distribution and Release Schedule
Last updated
Last updated
The launch
$LAKE’s launched as a fair launch on December 7th, 2022, when the team added liquidity for the $LAKE-ETH pair on Uniswap V3, Ethereum, with an initial $LAKE value of $0.0020.
The burn
The initial $LAKE total supply was 7.5 B tokens. However, subsequently to a massive burn of 66.67% of the total supply, the new total supply of $LAKE is only 2.5 B tokens.
For the rationale and the proof of the token Burn, read our Medium article on the topic here.
Token distribution
The post-burn $LAKE tokenomics and distribution is as presented in the table below:
