Tokenomics
$TULIP - TuLipcqtGVXP9XR62wM8WWCm6a9vhLs7T1uoWBk6FDs
Last updated
$TULIP - TuLipcqtGVXP9XR62wM8WWCm6a9vhLs7T1uoWBk6FDs
Last updated
Token Supply - 10,000,000
Category | Percentage | Amount |
---|---|---|
Team | 20% | 2,000,000 |
Advisors | 2% | 200,000 |
Treasury | 12% | 1,200,000 |
Liquidity Provision | 5% | 500,000 |
Strategic & Growth | 13% | 1,300,000 |
Liquidity Mining/Ecosystem | 48% | 4,800,000 |
All team tokens are vested on-chain with a cliff of 6 months and 3 year linear vesting. The team token cliff started on Nov 15, 2021.
Strategic sale tokens are vested on-chain with a 6 month lock up and 2 year linear vesting. Investor starts vesting May 1st 2022 in monthly tranches.
Advisor/partnership tokens are subject to similar vesting periods
The treasury bootstrap will be used for future protocol upkeep and possible protocol incentives, ie. buy back and burn with future revenue
Liquidity provision will be reserved for AMM liquidity if necessary and possible Fusion pool rewards