Token Distribution
Distribution
27% - Community & Airdrop
Covers the Initial sale rounds (IFO, Whitelist) & airdrop.
Whitelist sale - 30% TGE, 3 months vesting.
Initial Fair Offering (IFO) - No vesting
Airdrop - No vesting
10.2% - Backers
Covers Private, Strategic, Backers & Advisors.
Seed & Strategic - 20% TGE, 3 months cliff & 12 months vesting
Backers - 30% TGE, 3 months vesting
Advisors - 0% TGE, 3 months cliff & 24 months vesting
20% - Core Contributors
Covers team expenses.
0% TGE, 3 months cliff & 24 months vesting
12.8% - Protocol Treasury
Covers DAO funds, Ecosystem grants & Protocol's liquidity provisions allocations. There are no cliff/vesting terms here.
Usage of ecosystem grants will be communicated to the community beforehand.
DAO funds are to be voted on by the Potato Token community once the DAO matures (est. Q3 2024, a few months after protocol goes live)
Protocol liquidity provision will be used as part of the liquidity that will be locked on PotatoSwap DEX, as well as with market makers or liquidity partners.
30% - Community liquidity mining incentives
This is spread across 5 years.
In the beginning, liquidity pairs that will incentivized are decided by the PotatoSwap committee. As the gauge voting mechanism and DAO matures, the decision making process will be gradually shifted over to the Potato community.
Potato Tokens ($POT) 5-year distribution
TGE Distribution
During the TGE of Potatoswap, about 379M (38% of total) of tokens are circulated, of which (approximately):
0% goes to core contributor/advisors
~62% are public through sale, airdrops & DEX liquidity provisioning
~34% goes to the DAO & Ecosystem grants,
~4% goes to backers (private/strategic/backers)
Disclaimer: tokenomics distribution are presented for information purposes only - while we strive to ensure 100% accuracy of the information presented, some changes may still occur to it due to unforeseen circumstances. In light of transparency, any changes made will be communicated publicly on social channels.
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