Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Mango Network Unveils Tokenomics Ahead of MGO Token Launch and Exchange Listings

Mango Network Unveils Tokenomics Ahead of MGO Token Launch and Exchange Listings

DeFi PlanetDeFi Planet2025/06/23 11:16
By:DeFi Planet

Layer-1 blockchain Mango Network is gearing up for the highly anticipated launch of its native token, MGO, with major exchange listings already confirmed for June 24, 2024, at 09:00 AM UTC on platforms such as Bitget, MEXC, and KuCoin.

Layer-1 blockchain Mango Network is gearing up for the highly anticipated launch of its native token, MGO, with major exchange listings already confirmed for June 24, 2024, at 09:00 AM UTC on platforms such as Bitget, MEXC, and KuCoin.

In a recent announcement , Mango Network officially revealed the tokenomics for its upcoming token generation event (TGE), setting the stage for its entry into the broader crypto market. The blockchain, known for its multi-virtual machine support, is introducing MGO with a total supply of 10 billion tokens.

 

Unlocking and Release Schedule:
Mango Network’s unlocking framework is designed to foster sustainable growth:

– 5% of the total supply is allocated for the Testnet airdrop , and another 5% for the Mainnet airdrop — fairly distributed to early supporters who played a key role in…

— Mango Network (@MangoOS_Network) June 23, 2025

 

As part of the launch strategy, 10% of the total supply—amounting to 1 billion MGO—has been earmarked for airdrops to reward early supporters and community participants. This will be split evenly, with 5% allocated to testnet participants and active contributors, while the remaining 5% will be distributed during the mainnet phase.

A significant portion of the MGO supply—20%—is dedicated to supporting the liquidity of its Proof-of-Stake (PoS) staking pool. This allocation is designed to incentivize validators and stakers, reinforcing the network’s commitment to decentralization and security.

The Mango Network Foundation will receive another 20% of the total token supply, followed by 17% reserved for the Ecosystem Innovation Fund. This fund is intended to fuel long-term developer grants and ecosystem growth initiatives.

Team members and early contributors are set to receive 15% of the token supply, while another 15% has been designated for the project’s investors. Advisors to the project will share the remaining 3%.

Importantly, all token distributions—including airdrop rewards—will follow a long-term unlocking schedule spanning over seven years. Tokens will be released gradually at a rate of approximately 12 million MGO per year until the entire supply is fully unlocked.

While the specific date for the token generation event has not yet been disclosed, the confirmed exchange listings and detailed tokenomics mark a critical step forward in Mango Network’s broader ecosystem rollout.

Meanwhile, Avail (AVAIL) officially featured on Binance Alpha, marking its latest exchange listing with a limited-time airdrop and a forthcoming trading competition. 

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter , LinkedIn , Facebook , Instagram , and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

 
7
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

From yen rate hikes to mining farms shutting down, why is bitcoin still falling?

The recent decline in bitcoin prices is primarily driven by expectations of a rate hike by the Bank of Japan, uncertainty regarding the US Federal Reserve's rate cut trajectory, and systemic de-risking by market participants. Japan's potential rate hike may trigger the unwinding of global arbitrage trades, leading to a sell-off in risk assets. At the same time, increased uncertainty over US rate cuts has intensified market volatility. In addition, selling by long-term holders, miners, and market makers has further amplified the price drop. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.

MarsBit2025/12/16 04:27
From yen rate hikes to mining farms shutting down, why is bitcoin still falling?

The Economist: The Real Threat of Cryptocurrency to Traditional Banks

The crypto industry is replacing Wall Street's privileged status within the American right-wing camp.

ForesightNews 速递2025/12/16 04:23
The Economist: The Real Threat of Cryptocurrency to Traditional Banks

Grayscale's Top 10 Crypto Predictions: Key Trends for 2026 You Can't Miss

The market is transitioning from an emotion-driven cycle of speculation to a phase of structural differentiation driven by regulatory channels, long-term capital, and fundamental-based pricing.

BlockBeats2025/12/16 03:57
Grayscale's Top 10 Crypto Predictions: Key Trends for 2026 You Can't Miss

From Yen Interest Rate Hike to Mining Farm Shutdown, Why Is Bitcoin Still Falling

The market is down again, but this may not be a good buying opportunity this time.

BlockBeats2025/12/16 03:55
From Yen Interest Rate Hike to Mining Farm Shutdown, Why Is Bitcoin Still Falling
© 2025 Bitget