Tokenomics
Token
The Y-Foundry token information:
Ticker - $YFD
Emission - Pre-minted
Supply cap - Fixed
Total supply - 2,000,000,000
Distribution
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.
| Destination | Percentage | Amount |
|---|---|---|
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 |
Cumulative Vesting
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.
| Category | % of Total | TGE | Month 4 | Month 18 | Month 30 |
|---|---|---|---|---|---|
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% |
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