ERN’s Token Distribution
1 min readJun 6, 2018
ERN token has a one billion total supply. The allocation of ERN tokens will be as follows: 500M for Initial Coin Offering, 20M for growth pool/reserve locked for 6 months, 30M for developers, 70M for rewards, 10M for airdrops, 40M for bounties, and 330M for the mining community. It is important to note that 3% of the tokens (30 million) are locked in and allocated to developers until 2020 to avoid price manipulation.
As a proof that ERN has no way of manipulating supply and its allocation, this is already coded on ERN’s smart contract:
ERN team is expecting a smooth turn around once it opens its private sale on June 15th.
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