LayerEdge Drops $EDGEN Tokenomics Ahead of May Airdrop—Here’s the Greed Index
LayerEdge just unveiled its $EDGEN tokenomics—right on schedule for this month’s airdrop frenzy. The specs? A mix of supply caps, vesting cliffs, and the usual ‘community incentives’ that somehow always end up lining insiders’ pockets first.
Tokenomics Breakdown: 40% reserved for ‘ecosystem growth’ (read: marketing blitz), 20% to team (with a ‘generous’ 12-month lock-up—how noble), and 15% for early backers (who definitely won’t dump at the first 2x). The rest? Liquidity pools and that ever-vague ‘future development.’
Why It Matters: Airdrops are the new ICOs—just with better optics and the same hopium. $EDGEN’s landing during peak meme season guarantees a volatile debut. Watch the ‘fair distribution’ narrative collide with crypto’s favorite sport: token dumping.
Bottom Line: Another ‘decentralized’ project with centralized allocations. But hey—this time it’ll work, right? (Said every degenerate since 2017.)
