LAPTOP to Allocate 4M Tokens for Aerodrome Liquidity and Burn 10M Tokens

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LAPTOP to Allocate 4M Tokens for Aerodrome Liquidity and Burn 10M Tokens In this latest on-chain update, the LAPTOP Foundation announced enhanced liquidity support in response to high demand and bot activity. A total of 4 million LAPTOP tokens (0.4% of the supply) will be allocated to Aerodrome starting September 10 at 00:00 UTC. Simultaneously, 10 million tokens (1% of the supply) will be burned following the settlement of two prediction events. Founding team tokens are being vested, with 30% locked for six months and an additional 30% from Predictions locked for 12 months. Additionally, 80 million tokens are reserved for early Hunter Substack subscribers, with any unclaimed tokens destroyed after 30 days. This update represents a significant development in the project’s tokenomics.

Odaily Planet Daily reports: The LAPTOP Foundation, associated with Hunter Biden, the son of President Biden, announced that the initial liquidity pool for LAPTOP launched at $0.05. Due to high market demand, participation by sniper bots, and insufficient initial liquidity from market makers, the price surged rapidly before retracing. To improve liquidity, the team will deploy 4 million LAPTOP tokens (0.4% of the total supply) to incentivize the Aerodrome liquidity pool starting September 10 at 00:00 UTC. Additionally, two prediction events within the Predictions allocation have been confirmed to settle as YES, resulting in the destruction of 10 million LAPTOP tokens—1% of the total supply.

The team also stated that the 30% of LAPTOP tokens held by the founding team will be locked for six months and vested over two years, held in custody by Coinbase Custody; 30% of the tokens allocated to Predictions will be locked for 12 months. Additionally, 80 million LAPTOP tokens are available for claim by subscribers who joined the Hunter Substack before September 6, and any unclaimed tokens after the 30-day claim period will be burned.

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