Tokenomics
Last updated
Last updated
LIFT tokens will be distributed in the following manner:
Distribution | Percentage | Number of Tokens | Vesting Details |
---|---|---|---|
Tokens are distributed on a per-block basis linearly during the public round. During the rounds 1-3, tokens are distributed over a period of 2 years, 5% per month. During the 4th round, 5% of tokens are unlocked over a period of 90 days, followed by a 10% unlock per month over a period of one year.
DAO Council tokens are vested over a period of 3 years with a 1-year cliff. Only 15% of tokens are made available after one year. At the end of the 2nd year, 30% of tokens are unlocked. 55% of tokens are ulocked after the 3rd year, respectively. Such vesting schedule ensures a 3-year commitment to the project, at the very least. In the event of an early exit, the vesting program is annulled.
Public Presale (Rounds 1-3)
17.25%
172 543 402
First 90 days, 5% linear. After 90 days, 5% linear
Public Presale (Round 4)
0.39%
3 875 748
First 90 days, 5% linear. After 90 days, 10% linear.
Public Presale (IDO)
0.1%
1 000 000
Council
8%
80 000 000
3 Year vesting. 1st year - 15%. 2nd year - 30%. 3rd year - 55%.
Treasury
13.9%
139 000 000
Burning
12.36%
123 580 850
Marketing
15%
150 000 000
Liquidity
10%
100 000 000
Airdrop
5%
50 000 000
After 1 year
Farming
18%
180 000 000
6 years
Total
100%
1 000 000 000