Tokenomics
Last updated
Last updated
Please be aware that the information provided below is still under revision and may be subject to change.
GROUP | % | TERMS/COMMENT |
---|---|---|
Our borrow-lending project's tokenomics are designed to promote price appreciation and foster a healthy ecosystem. With a total supply of 100 million tokens, here's a detailed breakdown of the token allocations:
Staking Incentives (37%): We offer substantial staking incentives (37,000,000 tokens) to encourage users to lock liquidity on our platform, reducing the circulating supply and positively impacting token price.
Ecosystem Reserve (19%): A significant allocation (19,000,000 tokens) for the ecosystem reserve supports future development, partnerships, and marketing initiatives, ensuring the project's long-term growth and sustainability.
Community Reserves (5%): This allocation (5,000,000 tokens) helps drive community engagement, leading to increased user adoption and network effects.
Team (12%): Our team receives a vested interest (12,000,000 tokens) in the project's success. To prevent sudden sell-offs, there is a 12-month cliff followed by an 18-month linear unlock schedule for team allocation.
Partners and Advisors (10%): Our partners and advisors receive an allocation (10,000,000 tokens) with a similar 12-month cliff and 18-month linear unlock schedule.
Initial Liquidity (2%): To facilitate trading and user adoption, we have allocated a portion of the tokens (2,000,000 tokens) for initial liquidity. This ensures smooth onboarding for new users.
Public Sale (15%): The public sale allocation (15,000,000 tokens) helps distribute tokens to a diverse community of token holders, promoting a wide-ranging user base.
Our tokenomics structure aims to support price appreciation through a combination of staking incentives, ecosystem and community reserves, and a carefully planned vesting schedule for the team and advisors. By focusing on these factors, we strive to create a robust and sustainable project that benefits both users and stakeholders.
Team and Contributors
12
12 months clif - 18 months linear unlock
Partners and Advisors
10
12 months clif - 18 months linear unlock
Market Makers / Liquidity
2
Liquidity bootstrap / loaned for MM purposes
Public Launch
15
Unlocked fully after Sale
Staking Incentives
37
Released gradually over 48 months following TGE in line with project needs.
Ecosystem Reserve
19
Treasury / Reserves. Terms of release will be determined through governance
Community Rewards
5
Released in line with promotional / Community events.