πΉTokenomics(July 17th, 2024)
Last updated
Last updated
The protocol revolves around the ecosystem's utility token ($KILO) and KiloEx escrowed token($xKILO). The total supply is 1 billion. The initial supply will be determined based on the token generation event (TGE) and community airdrop to early white listed users.
34% to ecosystem vested linearly in 4 years
10% of the airdrop will be airdropped to our loyal users
10% will provide for future staking reward and vested in 4 years
20% for team and future expansion plan will be vested in 3 years after 1 year cliff
10% for private sale will be vested in 3 years after 1 year cliff
10% for strategic investment will be vested in 3 years after 1 year cliff
5% to advisor will be vested in 3 years after 1 year cliff
1% to liquidity provider
Name | Percentage | Total | Description | Release |
---|---|---|---|---|
Ecosystem
34%
340,000,000
User behavior incentives, community rewards, rewards distribution is decided by DAO.
4 years vesting
Airdrop
10%
100,000,000
Airdrop to loyal users
100M $KILO of the airdrop allocation, of which 40% will be distributed at TGE to users' snapshotted accounts at 00:00 (UTC) on July 17.
60% of the remaining airdrop will be distributed within TGE and the following 180 days.
Staking Reward
10%
100,000,000
Staking rewards incentives supplement
To be used in 4 years
Team
20%
200,000,000
Team
3 years vesting with 1 year cliff period
Private Sale
10%
100,000,000
Fund rasing, 1% will be used to create LP
3 years vesting with 1 year cliff period
Strategic Investment
10%
100,000,000
Strategic investment
3 years vesting with 1 year cliff period
Advisor
5%
50,000,000
Advisor
3 years vesting with 1 year cliff period
Liquidity Provider
1%
10,000,000
Creat LP, provide inital token price and liqudity
100% TGE
Total Supply
100%
1 Billion