Distribution Schedule
Bootstrapping Phase is when Growth Incentives are being distributed to activate initial usage, liquidity and community.
Growth Incentives
- 100% of Growth Incentives will be minted (5,000,000 TAI)
- Growth Incentives will be fully distributed through event campaigns during the Bootstrapping Phase
Liquidity Mining
- 10% of Liquidity Mining will be minted (5,000,000 TAI)
- Liquidity Mining will be distributed in phases during the Bootstrapping Phase
Team & Investors
- 25% of Team & Investors will be minted (6,250,000 TAI)
- Team & Investors will be distributed upon minting to activate early governance
Community Treasury
- 10% of Community Treasury will be minted (2,000,000 TAI)
- Community Treasury will be used to activate community governance and value capture for TAI holders
Circulating Supply (Liquidity Bootstrapping Phase) = 14,500,000 TAI
Post Bootstrapping Phase is when Growth Incentives has been fully distributed.
Liquidity Mining
- Remaining 90% tokens (45,000,000 TAI) will be minted and distributed on a per block basis (refer to emission projection model)
- Linear emission reduction begins once circulating supply reaches 70% of total token supply
- Reduction rate set to 10% per year
Team & Investors
- 12 months lockup period for the remaining 75% tokens (18,750,000 TAI)
- Remaining tokens will have a linear vesting period of 18 months on a monthly basis
Community Treasury
- Community Treasury is used to incentivize token holders and governance participants (ie. synthetic asset usage, TAI stakers)
- Usage of Community Treasury will be entirely governed by community voting
- Remaining 90% tokens (18,000,000 TAI) will be minted and transferred to a multisig reserved for future distribution, distributed over 2 years per proposal basis (assumption set to Monthly)
Last modified 1yr ago