Tokenomics
The XVM tokenomics is carefully designed to ensure sustainable growth and incentivize all key stakeholders within the ecosystem. There's a total supply of 1,000,000,000 XVM tokens.
Last updated
The XVM tokenomics is carefully designed to ensure sustainable growth and incentivize all key stakeholders within the ecosystem. There's a total supply of 1,000,000,000 XVM tokens.
Last updated
Mining (26%): A substantial portion of the total supply, 260 million tokens, is allocated for ecosystem growth through community-driven mining activities. The distribution and vesting are managed by a dedicated mining program.
Foundation Treasury (28%): 280 million tokens are reserved for the Foundation, supporting research, development, and future initiatives. This includes protocol maintenance, development, and programs aimed at enhancing infrastructure, node operations, and more. These tokens vest linearly over 60 months, ensuring long-term support for the ecosystem.
Private Round (13%): 130 million tokens were distributed in the private round. These tokens have a vesting schedule where 5% is unlocked at the Token Generation Event (TGE), followed by a 3-month cliff and then 21 months of linear vesting.
Strategic Investors (6%): 60 million tokens were allocated to strategic investors, with a vesting schedule of 15% unlocked at TGE, a 6-month cliff, followed by 18 months of linear vesting.
Partners & Advisors (8%): 80 million tokens are set aside for partners and advisors, with a 5% unlock at TGE, a 6-month cliff, and 24 months of linear vesting.
Team (12%): 120 million tokens are allocated to the founding team, core developers, and operators. These tokens vest over 50 months following a 6-month cliff, ensuring the team’s long-term commitment to the project.
Community (2.5%): 25 million tokens are dedicated to community initiatives, including public farming and airdrop campaigns. These tokens are fully unlocked at TGE to incentivize early community engagement.
Early Access (NFT) (2.5%): An additional 25 million tokens are reserved for early access through NFT, with a linear 6-month vesting schedule tailored for Scribbles NFTs.
Public Sale (2%): 20 million tokens are allocated for the public sale, fully unlocked at TGE. This allocation aims to allow broader participation in the ecosystem via an Initial DEX Offering (IDO) or Initial Exchange Offering (IEO).
