Tokenomics
Last updated
Last updated
LIFT tokens will be distributed in the following manner:
Distribution | Percentage | Number of Tokens | Vesting Details |
---|---|---|---|
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 |
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.