The NEWT Airdrop accounts for 10% of the total supply, with an initial Circulating Supply of 21.5%.

On June 23rd, the Magic Newton Foundation announced the launch of the NEWT token, with a total fixed supply of 1 billion tokens (1,000,000,000). At launch, there was a circulating supply of 215 million tokens (21.5% of the total supply). 10% of the total amount of tokens will be distributed to early adopters of the Newton protocol and participants in the growth program. More details about the airdrop allocation and eligibility will be announced soon. Distribution: The distribution of Newton tokens is as follows, with 60% of the supply allocated to the community category and 40% to the internal category. "Community" allocation: refers to the tokens set aside to directly support the growth, technological development, and decentralization of the Newton protocol, through initiatives such as ecosystem grants, network rewards, community rewards, and operational support from on-chain foundation treasury. The Treasury supports the Foundation's operational capacity to serve the protocol and its communities, covering key functions such as coordinating contributors, supporting governance, and public infrastructure to foster a thriving ecosystem. "Internal" allocation: Tokens allocated to core contributors, early supporters, and Magic Labs in recognition of their foundational work in building the protocol and supporting the rollout. These allocations represent key resources dedicated to the ongoing management and development of ecosystems. Token Distribution Details: Tokens allocated to the On-Chain Ecosystem Development Fund, On-Chain Ecosystem Growth Fund, and On-Chain Foundation Treasury will follow a linear 48-month unlocking schedule, with 20% of the corresponding distribution unlocked immediately upon launch to meet immediate funding requirements for key development, growth, and operational needs in the early days of the protocol. Tokens allocated to core contributors, early supporters, and Magic Labs will follow a 36-month vesting period, with an initial lock-up period of 12 months. The sale or transfer of tokens, whether locked or unvested internally or community-allocated, through secondary over-the-counter (OTC) trading is prohibited until they are fully vested and unlocked.