Tokenomics
Last updated
Last updated
The Y-Foundry token information:
Ticker - $YFD
Emission - Pre-minted
Supply cap - Fixed
Total supply - 2,000,000,000
The $YFD token distribution can be seen in the table below. Second to the DAO Treasury, 23% of the token supply goes toward Genesis Contributors and Investors, with 6.9% going toward Airdrops.
DAO Multi-sig
63.08%
1,261,600,000
Genesis Contributors
14%
280,000,000
Investors
9.08%
181,600,000
DAO Treasury
6.92%
138,400,000
Airdrop
6.92%
138,400,000
Vesting means unlocking of $YFD Tokens. Each category unlocks the tokens as such:
The Genesis Reserve will be available immediately (4% of token supply)
Investors (9.08% of token supply) will unlock partial tokens every month, and at the end of 18 months all of their tokens will be unlocked.
Genesis Contributors will unlock tokens monthly, but for the first 3 months 0 tokens will be unlocked. On the 4th month unlock gets a boost (compensating for the prior 3 months), then equal amounts will unlock each month. Full unlock is reached after 30 months.
Vesting period overview below.
Genesis Contributors
12.33%
no
20.75%
59.88%
100%
Genesis Reserve
1.67%
yes
100%
100%
100%
Investors
9.08%
yes
22.05%
100%
100%