Token and Distribution
Last updated
Last updated
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.
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
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.
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
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