Tokenomics
Last updated
Last updated
Description | Value |
---|---|
The ErgoPad DAO will receive 6% of the total supply of tokens. This will be released quarterly to the DAO over 6 quarters (one and a half years). The DAO will vote to determine how those tokens will be spent. Typically these tokens will be used for marketing purposes.
Distribution | Amount | Percent of Initial Supply | Vesting Period |
---|---|---|---|
Token Name
ErgoPad
Token ID
d71693c49a84fbbecd4908c94813b46514b18b67a99952dc1e6e4791556de413
Blockchain
Ergo
Initial supply
20,000,000
Market cap at IDO
800k sigUSD
Total supply
400,000,000
Seed Round
10,000,000
12.7%
Monthly for 9 Months
Strategic Round
20,000,000
25.3%
Monthly for 6 Months
Pre-IDO Round
20,000,000
25.3%
Monthly for 3 Months
Liquidity
5,000,000
6.3%
-
DAO
24,000,000
30.3%
Quarterly for 6 Quarters
Staking
321,000,000
-
Daily for 36 months