Paradex plans to launch the token DIME next year, with 20% of the tokens allocated for the genesis airdrop

ChainCatcher news, the Paradex Foundation announced the launch of the token DIME, with 20% of the tokens allocated for the genesis airdrop. This airdrop spans multiple XP seasons, including the first season from February 1, 2024, to January 2, 2025, and the second season from January 3, 2025, to July 31, 2025. The token distribution plan will take place at the end of the second season.

In addition, in the token economic model of DIME: 26.6% is allocated for ongoing community rewards (after the airdrop), 5.0% for liquidity programs, 6.0% for the foundation budget, 25.1% for core contributors, 3.8% for future core contributors and advisors, and 13.5% for Paradigm shareholders.