Token Distribution
Distribution of Token Supply
Last updated
Distribution of Token Supply
Last updated
The total supply for GS tokens is 1.6B with the following breakdown of supply
Treasury (36%) — GS tokens reserved for the Treasury. The DAO can decide how to allocate this capital: liquidity mining incentives, partnerships, etc
Core Team (23%) — Allocation of the core team to align incentives with the protocol and promote long term building. There is no equity company, only the foundation.
Investors (17%) — Private market investors from previous rounds.
Liquidity Mining & Staking (15%) — The initial liquidity mining & staking allocation to be distributed in esGS. It will cover at least the first six months of incentives.
LBP (5%) — The GS supplied in the Liquidity Bootstrapping Pool, which will help achieve price discovery and provide liquidity for the GS pool on GammaSwap. The LBP will be self hosted, not on Fjord.
Airdrop (3%) — Airdrop to point holders in GS.
Advisors (1%) — Allocation for current and future advisors to the protocol.
There is a vesting schedule for the Core Team, Private Investors and Advisors.
Core Team: 12 month cliff, 24 months linear vesting after
Private Investors: 12 month cliff, 18 months linear vesting after
Advisors: 12 month cliff, 18 months linear vesting after
There is no vest for the LBP or Treasury which will be used by the DAO to allocate future incentives.
The airdrop will be distributed over an 8 week period starting Monday, September 9th and ending Monday, November 4th in weekly epochs. You can claim the $GS airdrop weekly or the full amount at the end of the 8 week period.
