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Token Allocation

A total supply of 50,000,000 VIB token will be allocated as below:
Allocation
%
TGE
Vesting
Mining Pool
60%
0%
0% at TGE. Dynamically emitted over 1.5 years based on mining contracts.
Team
10%
0%
A 1 year cliff, then linearly vesting over the subsequent 2 years.
Ecosystem Incentives
10%
1%
1% unlocked at TGE, then linearly vesting over 2 years.
Protocol Treasury
10%
0%
0% at TGE. Linearly vesting over 2 years after TGE.
IDO
4%
25%
25% unlocked at TGE. Then 25% monthly vesting thereafter.
LP Reserve
1.2%
100%
Fully unlocked at TGE, used as the initial VIB liquidity.
Advisors
4.8%
0%
0% at TGE. Then 10% after a 1 year cliff, followed by linear vesting over 2 year.
40% of collected fund in IDO will be used to provide VIB/ETH LP.
30% of collected fund in IDO will be used to mint vUSD.
20% of collected fund in IDO will be used to provide vUSD/USDC LP. 
10% of collected fund in IDO will be used for market making and operational expenses.

Allocation	%	TGE	Vesting
Mining Pool	60%	0%	0% at TGE. Dynamically emitted over 1.5 years based on mining contracts.
Team	10%	0%	A 1 year cliff, then linearly vesting over the subsequent 2 years.
Ecosystem Incentives	10%	1%	1% unlocked at TGE, then linearly vesting over 2 years.
Protocol Treasury	10%	0%	0% at TGE. Linearly vesting over 2 years after TGE.
IDO	4%	25%	25% unlocked at TGE. Then 25% monthly vesting thereafter.
LP Reserve	1.2%	100%	Fully unlocked at TGE, used as the initial VIB liquidity.
Advisors	4.8%	0%	0% at TGE. Then 10% after a 1 year cliff, followed by linear vesting over 2 year.

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Last modified 3mo ago