Y-Foundry
  • Y-Foundry
  • Project
    • Built on the blockchain
    • Finances
      • Tokenomics
      • DAO Treasury
    • Roadmap
    • Seed backers
  • Essentials
    • The Foundry
    • The Forge
    • Vaults
    • dApp
  • Community
    • Roles
    • Crucibles
    • Governance
      • Proposals
        • Funding
        • Outcomes
      • Voting
    • Bounties
  • Dev Corner
    • Developer Corner
    • dApp
    • Web2
  • Info
    • References
      • Glossary
      • Proposal Categories
        • Basic
        • Whitelist
        • Vault
        • Contract Deployment
        • Parameter
        • Emergency
      • Life cycle
        • Idea
        • Proposal
        • Development
        • NFT Generation
        • Deployment
        • Fund Disbursement
        • Maintenance
        • Retirement
      • Dev Funding Distribution
    • Socials
    • Contracts
    • Disclaimer
Powered by GitBook
On this page
  • Token
  • Distribution
  • Cumulative Vesting
  1. Project
  2. Finances

Tokenomics

PreviousFinancesNextDAO Treasury

Last updated 2 years ago

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%