Venom Whitepaper
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Token Allocation & Distribution

Divide and conquer

Token Allocation

Proper token distribution is critical to the long-term success of a project. The starting market cap, liquidity provisioning, and pricing all force hard decisions on the token distribution in relation to the various stakeholders of the project.
There are two aspects that are important: Token Allocation and Token Distribution. That is, the proportions between all the stakeholders and how those tokens are given to them. To ensure $VNM is an attractive opportunity to buy, hold or stake the tokens, the allocation is:
  • 35% Public Sale (vested)
  • 20% Private Sale (vested)
  • 16% Liquidity (locked)
  • 12.5% Core Team (vested)
  • 11.5% Staking Pool
  • 5% Marketing (vested)

Token Distribution

The distribution of the tokens is further managed for four groups in this allocation: Core Team, Marketing, Private and Public Sale stakeholders. The vesting schedules starting at the Token Generation Event (TGE) are as follows:
  • Core Team: 100% vested at TGE with 1-month cliff and 11-month vesting (9.09% / month)
  • Marketing: 100% vested at TGE with 1-month cliff and 0-month vesting
  • Private Sale: 100% vested at TGE with 0-month cliff and 5-month vesting (20% / month)
  • Public Sale: 100% vested at TGE with 0-month cliff and 5-month vesting (20% / month)
At launch, at least 77.5% of supply was locked. The Liquidity Pool was also locked at TGE.