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      Tread.fi Announces Launch of TREAD Genesis Token Distribution

      Tread.fi, a digital asset execution platform, has announced the distribution of its native token, TREAD Genesis, set to occur on September 16, 2026, at 13:00 UTC. The TREAD token is designed as a consumption-based utility token, emphasizing practical use rather than staking, with its utility defined through Tread Improvement Proposals. The total supply of TREAD is fixed at 100 million tokens, with 15.2% allocated for the Genesis distribution, which will be unlocked based on platform usage and sent directly to users' registered HyperCore addresses without the need for claims or gas fees.

      The allocation of the total supply is structured as follows: 35.5% for the community and ecosystem, 23.8% for the Tread Labs treasury, 18.0% for the team, and 7.5% for the foundation treasury. Tokens allocated to the team and Tread Labs treasury will be locked for one year, after which they will be released linearly over a three-year period. Notably, there are no allocations for private investors, venture capital, centralized exchanges, presales, or Simple Agreements for Future Tokens (SAFT).

      TREAD will debut as a spot asset on Hyperliquid, with the primary trading pair being TREAD/USDC. The token's design ensures it is non-inflationary, does not yield returns, and has no staking emissions. Tread.fi has established a significant presence in the digital asset market, processing over $100 billion in trading volume for more than 30,000 retail and institutional clients across over 20 centralized and decentralized exchanges.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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