# Token and Distribution

By acquiring SHADE tokens, you can participate on governance proposals and weighing in on the evolution of the protocol

The total supply of SHADE is 10,000,000.

![](https://1840674995-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MaVahigpgwu79EBI5sm%2F-MdaeGS5gJuFE1D5pwlC%2F-MdakHZnHNuMs8dFVQdx%2Fimage.png?alt=media\&token=75728af2-7536-487b-83fa-f18e0d4d7c2a)

## Initial Supply

The initial mint will be 25% of the Total Max Supply and will be broken down as follows:

| Allocation Category | % of Max Supply | Number of Tokens |
| ------------------- | --------------- | ---------------- |
| IFO                 | 5%              | 500,000          |
| Community Airdrops  | 5%              | 500,000          |
| Team                | 5%              | 500,000          |
| Treasury            | 10%             | 1,000,000        |

### SHADE Single Stake Initial Farm Offering (IFO)

The Initial Farm Offering will use the allocated 5% of the Total Max Supply of SHADE (500,000 SHADE). This supply will be distributed to SHADE stakers over the course of 12 weeks.

### Vesting Schedule

The vesting schedule for the developer funds is as follows, as a % of the resulting net 5%:

* 10% Initial Allowance
* 22.5% after 60 days
* 22.5% after 120 days
* 22.5% after 180 days
* 22.5% after 240 days

## Remaining Supply for Emissions

After the initial mint, the remaining supply will be minted over 3 years, following our Emissions Schedule.

The emissions will be distributed as follows:

| Allocation Category | % of Max Supply Allocated | Number of Tokens After 3 Years |
| ------------------- | :-----------------------: | ------------------------------ |
| LP Farm Rewards     |            70%            | 7,000,000                      |
| Developer Funds     |             5%            | 500,000                        |