Golden Finance reported that the NFTfi Foundation of the NFT lending protocol NFTfi announced the launch of the governance token NFTFI and announced the token economics. NFTFI is a native ERC-20 token and is planned to become a mechanism for voting on NFTFI governance proposals. The token supply is 2 billion and the initial circulation is expected to be 220 million. The token was created on March 19, 2024 and will open the NFTFI application portal later in April (the specific date is to be determined). The token distribution details are as follows: 1. Community and rewards (25% - 500,000,000 NFTFI); 2. Foundation and ecosystem (23.3% - 465,952,487 NFTFI); 3. Early strategic supporters and strategic supporters (15.2% + 20.4% - 712,356,127 NFTFI) 4. Core contributors (16.1% - 321,691,386 NFTFI). It is reported that the NFTfi Foundation will soon announce and establish the NFTfi Council as the first step towards a decentralized governance system.