Token Distribution
Last updated
Last updated
41% of the total supply will be allocated to the Foundation/DAO treasury to fund ecosystem-related expenses (like protocol or ecosystem incentives) and the initial protocol-owned liquidity. The use and allocation of these tokens are subject to governance approval by the token holders on proposals brought in by the core contributors.
Examples of potential incentives are:
Staking rewards
Airdrops
Protocols that integrate with Encryptify
Giveaways
On TGE, 14% of these tokens will be unlocked immediately and used for initial liquidity as well as early ecosystem incentives (like staking rewards).
These tokens vest over a 3-year time horizon, unlocked linearly.
35% of the total supply will be sold in private and public presale rounds.
Read more about the vesting details and unlock schedules for sale participants
20% of the total supply will be allocated to the Core Contributors.
These tokens vest over a 2-year time horizon, with a 3-month cliff, unlocked linearly.
4% of the total supply will be allocated to Advisors.
These tokens vest over an 18-month time horizon, with a 1-month cliff, unlocked linearly.
