Supply
Token Generation Event
TGE: 2024
Total supply
Total supply: 10,000,000 D8X
Allocation
The token allocation of $D8X is described in the following Figure:
Core team: token allocation for the core team
Advisors: token allocation for advisors
Liquidity: token allocation reserved for liquidity
Early investors: token allocation reserved for early investors (pre-seed round 15%; public sale 5%)
Treasury: token allocation used to fund ongoing development of the project
Ecosystem: Ecosystem tokens can be bought over a one-sided bonding curve from D8X's bonding curve contract. The bonding curve implements a one-sided (“buy-only”) primary market. Users (e.g., brokers, traders) that demand $D8X can buy $D8X over the bonding curve. The proceeds from the bonding curve sale will go into the treasury. The treasury is managed by a smart contract subject to DAO control. Parts of those tokens can be allocated to other community initiatives (e.g., community marketing) subject to DAO vote.
Vesting Schedule
$D8X's vesting schedule distributed $D8X over 5 years from the TGE. This long-term vesting schedule ensures that the incentives of all stakeholders are aligned and contribute to the success of the D8X ecosystem.
Core team: cliff of 24 months, thereafter vesting over 3 years (vesting schedule starts at TGE)
Advisors: cliff of 24 months, thereafter vesting over 3 years (vesting schedule starts at initiation of the advisor vesting contract, which can be after TGE)
Liquidity: no cliff, vesting over 1 year (vesting schedule starts at initiation of the liquidity vesting contract, which can be after TGE)
Early investors - pre-seed cliff of 12 months, thereafter vesting over 3 years (vesting schedule for pre-seed investors starts at TGE)
Early investors - public sale: no cliff, no vesting
Treasury: no cliff, no vesting, subject to DAO budget vote (chart assumes linear emissions over 5 years)
Ecosystem: no cliff, no vesting. Those tokens can be bought by ecosystem participants over the bonding curve
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