Token Allocation and Vesting
Last updated
Last updated
Starting December 1, 2021 and over the next 4 years, 1B $SILO tokens will be minted with the possibility of future inflation if token holders choose to do so.
Here is an overview of how the tokens are allocated along with the release schedule:
Genesis Protocol-Owned Liquidity (10%) — Distributed in the public auction; claimable immediately after the auction
Community Treasury (45%) — Linear vesting for 3 years; controlled by the community through governance
Early Contributors (6.75%) — Linear vesting for 4 years with 6-month cliff starting after TGE
Founding Contributors (21.75%) — Linear vesting for 3 years with 6-month cliff starting after Token Generation Event (TGE)
Early Community Rewards (0.2%) — Airdropped to community members in January 2022
Early Investors & Early Advisors (6.30%) — Linear vesting for 2 years with 6-month lock starting after TGE
Future Contributors & Future Advisors (10%) — Linear vesting for 4 years with 1-year cliff starting after joining the DAO
https://docs.google.com/spreadsheets/d/1IcvYQlWQ34kIFIfIKWzJwGlw-Jv33_TMBDKCI0ziEa8/edit?usp=sharing