Token Allocation
5% for Airdrop
Kick-start date: Round 1: Sip-to-Earn
Release Schedule: $esVKA will be airdropped to scorers of the Leaderboard. Check the Leaderboad page for more details.
8% for Token Generation Event
Kick-start date: Round 2: $VKA TGE
Release Schedule: Vested Immediately
8% is reserved for the Round 2: $VKA TGE, where participants can contribute ETH and receive $VKA in a fair and equal price. There will be no vesting period for the TGE event, contributors will be able to get 100% of $VKA right after the TGE event. More details in the Launch Plan page.
8% for Liquidity Bootstrapping
Kick-start date: Round 3: Power-up Drinks
Release Schedule: 6% of $esVKA will be unlocked for Round 3: Power-up Drinks campaign. Remainings will be reserved for one-off special boosting campaigns, which will not be released as circulating supply.
1.5% of the $VKA in Liquidity Bootstrapping is used in the Liquidity Boosting Program
42% for Escrowed VKA Reward
Kick-start date: Round 4: Last Call Cheers
Release Schedule: Vests over 5 years linearly
42% of the total token supply is set aside for rewarding regular activities (kick-starting in Round 4: Last Call Cheers) like depositing in different types of vaults, including strategic, lending, and leverage vaults, through the esVKA incentive program. This reward will be released gradually, average 700,000 esVKA tokens each month over a span of 60 months.
Community incentives will be distributed in the form of esVKA (escrowed VKA). For more details, please visit the esVKA Reward.
17% for Ecosystem Fund
Release Schedule: 1.6% of the Ecosystem Fund will be used to initiate the UniswapV3VKA-ETH pool right after the TGE, which will be locked for 1 year. The remaining will be vested and released gradually for marketing and treasury purpose. See the vesting schedule page for more details
Released ecosystem funds will be kept as ecosystem fund WILL NOT immediately become part of circulating supply, it will only be utilized if required.
15% for Team
Release Schedule: 6 month cliff with linear vesting for 18 months
Tokens allocated to the team are locked in smart contract and subject to the vesting schedule.
5% for Private Investor
Release Schedule: 6 month cliff with linear vesting for 18 months
Tokens allocated to private investors are locked in smart contract and subject to the preset vesting schedule.
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