🍯Token Distribution
A total supply of 1,000,000,000 WEN token will be allocated as below:
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 |
Hence, the initial fully diluted market cap of WEN is 2500 ETH.
Last updated