Supply & Emission Schedule
The total supply is capped at 1,000,000,000 $VLVT tokens, and the emission mechanism is designed to make sure it won't reach this cap for the next 10 years or longer. There will be no emissions above the cap.
The emission schedule controls that the token circulating supply growth doesn't outpace the usage growth as the end goal is to reach a self-sustainable state where the token
a. Initial Circulation: 2-7%
i. ~1-2% - retroactive airdrop
ii. ~1-5% - initial AMM pools and CEX market makers or Launchpad
b. Monthly Release: ~1.3%
i. ~0.5% - staking rewards
ii. ~0.1% - contributor rewards/grants
iii. ~0.1% - marketing
iv. ~0.27% - team vesting
v. ~0.33% - investor vesting
c. Monthly Withholding:
i. Protocol fees
ii. $VLVT to veVLVT lock-ups
Approximate release schedule is modeled below:
Disclaimer: This is a preliminary version of the release schedule, which can be affected by multiple factors such as the token launch avenue (e.g., Launchpad requirements).
Last modified 2mo ago