$LBS Token

$LBS, the Cornerstone of the LBS Data Economy

The $LBS token is the native currency for the LBS chain and serves as the cornerstone for a new, inclusive, and borderless Location-Based Services (LBS) data economy. It can be used for:

• LBS Data Rewards

• Gas Consumption

• DAO Governance

The total supply of $LBS is capped at 100,000,000 (100M) tokens

Item	Proportions	Release
LBS Mining	60%	These tokens are minted in each block and rewarded to all contributors.
Foundation	25%	[10%] For Coinlist or CEX's launchpad. [5%] Devs DAO: Rewards for devs on the LBS chain. [10%] Testnet Mining.
Private Investor	10%	After the mainnet launch, 1% of this allocation will be vested every 15 days upon TGE for 60 days, then a 4-month cliff period, followed by monthly vesting for 12 months.
Team	5%	After the mainnet launch, there will be a 6-month cliff period, followed by monthly vesting for 50 months.

The 60% allocation for LBS Mining is further broken down as follows:

	Proportions	Note
LBS Nodes	40%	Nodes will claim these rewards based on the POW. Nodes are responsible for data annotation, AI data analysis, data verification, and the necessary physical servers mentioned above.
LBS Dapps	25%	These tokens will be placed into the DAO multisig. DApps can claim these tokens based on their Daily Active Users (DAU), rewarding the DApp's dev team.
LBS Users	35%	Providing LBS Data will be rewarded with these tokens.