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Summary of Lion Token
- Total amount of LION Token: 20 billion
- Deflation mechanism: 1/1000 of each transaction is automatically destroyed
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Token distribution:
- 5 billion: LION/HT liquidity pool on Huobi Eco Chain
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5 billion: Binance Smart Chain
- 100 million: LION/BNB liquidity pool
- 4.9 billion: Mining pool
- 10 billion: To be released on GateChain and main chain in the future
Introducing Lion Token: Empowering a New Era of Decentralized Innovation
Lion Token is a pioneering experiment in decentralized, spontaneous community building, leveraging the Huobi Eco Chain, Binance Smart Chain, and GateChain. The total supply of LION Token is capped at 20 billion, with a built-in deflationary mechanism that automatically destroys one-thousandth of each transaction. Of the total supply, 5 billion tokens have been allocated to the LION/HT liquidity pool on the Huobi Eco Chain’s Heco, enabling global users to exchange them fairly and justly from the outset. Meanwhile, 5 billion tokens have been locked on the Binance Smart Chain (BSC), with 100 million earmarked for release in the LION/BNB liquidity pool, allowing global users to redeem them from zero at a unified time. The remaining 4.9 billion tokens will be channeled into the mining pool, awaiting release for global users to mine. The final 10 billion tokens will be deployed on GateChain and the main chain recognized by the community in the future.