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  • Foundation/DAO
  • Presale Rounds
  • Core Contributors
  • Advisors
  1. Tokenomics

Token Distribution

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Last updated 1 year ago

Foundation/DAO

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.

Presale Rounds

35% of the total supply will be sold in private and public presale rounds.

Core Contributors

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.

Advisors

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.

⚖️
Read more about the vesting details and unlock schedules for sale participants