🍯Token Distribution
A total supply of 1,000,000,000 WEN token will be allocated as below:
Hence, the initial fully diluted market cap of WEN is 2500 ETH.
Last updated
A total supply of 1,000,000,000 WEN token will be allocated as below:
Hence, the initial fully diluted market cap of WEN is 2500 ETH.
Last updated
| Allocation | % | TGE | Vesting |
|---|---|---|---|
Mining pool
69%
0%
0% at TGE. Dynamically emitted over 4 years based on mining contracts in a form of esWEN
Team
10%
0%
0% at TGE. Linearly vesting over 2 years after TGE
Early Investor
6%
0%
0% at TGE. Linearly vesting over 2 years after TGE. Fund will be mainly used for code auditing and early development
Advisors
5%
0%
0% at TGE. Linearly vesting over 2 years after TGE
DAO
5%
100%
0% at TGE. Linearly vesting over 2 years after TGE
Fair launch
4%
100%
Fully unlocked at TGE with a hard-cap of 150 ETH, all the fund raised will be used to initialize the protocol. eg. WEN/ETH LP, mint wenUSD, wenUSD/USDC LP etc.
Treasury
1%
100%
Fully unlocked at TGE, used for CEX/DEX liquidity and marketing purpose