Odaily Star Daily News Lava Network announced on the X platform that the mainnet is about to go live and will release more details in the near future.

On April 26, modular blockchain infrastructure developer Lava Network announced the tokenomics of the LAVA token. The total supply of LAVA is 1 billion, and it adopts a deflationary mechanism to attract API providers in the initial stage of the mainnet. 15% of the tokens will be used for future incentive programs (such as airdrops), 6.6% of the tokens will be allocated for monthly rewards to providers (Provider Drops), 3.4% of the tokens will be used for validator rewards, 31% of the tokens will be used for research and ecosystem development, 17% of the tokens will be distributed to early investors, and 27% of the tokens will be allocated to early contributors, core team, advisors, etc.