📊Initial token distribution
Last updated
Last updated
Total Supply: 500,000,000
Initial Supply: 200,000,000
| Category | Percent | Token | SNEK | veSNEK |
|---|---|---|---|---|
*The $SNEK allocated to the team will be on a 9 month vesting schedule from 20th April. 15% will be claimable from Epoch 1. Rest of tokens will be claimable linearly every day for remainder of vesting schedule. All will be publicly visible on llamapay vesting contract.
**Tokens in Reserve fund are liquid and held as $SNEK, but will only be given out as max locked veSNEK until split function is introduced after which all of it will be max locked.
LGE + initial liquidity
4%
20,000,000
100%
0%
Team (vested for 9 months)
12%
60,000,000
*30%
70%
**Reserve (marketing, advisors, initial liquid incentive,..)
6%
30,000,000
100%
0%
Ecosystem Incentives
9%
45,000,000
0%
100%
Partner Allocations (protocol NFT + user airdrop)
9%
45,000,000
0%
100%
Emissions
60%
300,000,000
100%
0%