Tokenomics

LIFT tokens will be distributed in the following manner:

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.

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