Tokenomics
Updates:
As of January 31st, 2022 (the initial date of active liquidity deployment and the date of network launch), the vesting tokens begin their 1 year cliff + 1 year linear vest from that network launch date. This means that TOKE will be completely locked until the week of February 7th, 2023, and then will drip/unlock linearly until the week of January 30, 2024.
As of February 8th, 2023 both the Tokemak team as well as some of Tokemak's largest investors have agreed to extend the lock-up of their TOKE allocation for 6 months (August, 2023) followed by the 12 month linear vest. More specific details to follow.
Supply
The total Supply of 100,000,000 TOKE is distributed as such:
30,000,000 TOKE (30%): Reward Emissions
5,000,000 TOKE (5%): Cycle Zero’s DeGenesis Event and CoRE (Collateralization of Reactors Event), the first distribution of TOKE
9,000,000 TOKE (9%): DAO Reserve
16,500,000 TOKE (16.5%): Contributors (12 month cliff +12 month linear vest)
14,000,000 TOKE (14%): Team (12 month cliff +12 month linear vest)
17,000,000 TOKE (17%): Investors (12 month cliff +12 month linear vest)
8,500,000 TOKE (8.5%): DAOs & Market Makers (12 month cliff +12 month linear vest)
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