Detailed Tokenomics Overview
The different categories and its rules with tokens are described below.
Investors
Within the investor category is allocated 25% of the total token allocation. We have established initially four distinct rounds: preseed, seed, strategic, and public, each with their own corresponding vesting and cliff conditions. These rounds have been evolved in finally 5 rounds with separate cliff and vesting conditions. These rounds were designed to balance the selling pressure and token access based on the investment level and discount offered in each round. This strategy is built on the understanding that investors participating in private rounds with substantial discounts may experience greater selling pressure at the time of the Token Generation Event (TGE).
Contributors
The Vottun team, responsible for driving this project, is allocated 15% of the total token allocation. This team is instrumental in the ongoing development, enhancement, and expansion of the platform. While this project is built on community collaboration, it is imperative that the team remains motivated and committed to the goal of reaching new horizons on the platform.
However, we have implemented a 6-month cliff period, followed by a 24-month vesting period for the team. This measure has been put in place to ensure that the team is aligned with long-term objectives and to prevent any destabilizing impact on the market.
Staking
A total of 14% of the token supply will be allocated to staking rewards. There will be two types of staking: $VTN token staking and LP token staking. This will enable participants in our community to earn additional rewards while contributing to the utilization and continuous growth of the platform.
Community
Within the "Community" category, tokens are allocated to the following sections:
Build, Share and Earn (B2E) Iniciatives: A total of 12% of the token supply will be allocated to rewarding the work of the community. This pool could be updated with direct allocations coming from quests posted directly by the contractors.
Initial Liquidity Pool: A total of 10% of the token supply will be designated to provide immediate market liquidity, releasing in full during the Token Generation Event (TGE).
Reserve Pool: A total of 10% of the token supply will be allocated to the reserve pool. These tokens play a crucial role as a strategic reserve for the project. The utilization of these tokens will take into account factors such as the market's condition, economic indicators, significant events, API usage, and other relevant elements in the economic and technological environment.
Marketing
Marketing plays a pivotal role in our project, within marketing is allocated 10% of the total token allocation. We aim to establish a sustainable marketing strategy, as opposed to one solely geared towards attracting investors seeking quick profits. This philosophy underpins the reason for an 18-month vesting period within this allocation.
A portion of this allocation will be earmarked for Key Opinion Leaders (KOLs) and influencers who can assist us in bringing positive developers and users into our community.
Advisors
We have a group of advisors with expertise in various domains, including blockchain, growth, and marketing. Within the advisor category is allocated 4% of the total token allocation. The composition of the Advisory Board may change over time without impacting the token distribution.
Additionally, we have implemented cliff and vesting mechanisms to ensure that advisors are aligned with the long-term vision and success of the project.
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