Palmswap Tokenomics
• Community Fair Launch (CFL)
- 100,000,000 PALM tokens (10%)
- Community fair launch, on September 20th, 2022.
Vesting: 25% at TGE, beginning day 30 after TGE, daily release over 3 months.
• Seed round
- 82,049,328 PALM tokens (8,205%)
- The seed sale round was led by Crypto Oasis as the lead venture. Vesting: 0% at TGE, beginning day 61 after TGE, daily release over 18 months.
• Team & advisors
- 170,000,000 PALM tokens (17%)
- Vesting: 0% at TGE, beginning day 180 after TGE, daily release over 30 months.
• Ecosystem & rewards
- 486,500,000 PALM tokens (48,65%)
- Ecosystem and rewards benefit traders and stakers participating in the Palmswap Protocol ecosystem. With the transition from Palmswap Protocol to community governance, the distribution of ecosystem rewards will be decided by the Palmswap Protocol community.
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• Marketing
- 49,786,075 PALM tokens (4,97%)
- Vesting: 0% at TGE, beginning day 30 after TGE, daily over 12 months.
• Market Maker & Liquidity
- 37,500,000 PALM tokens (3.75%)
- Vesting: 46.5% at TGE, beginning day 30 after TGE, daily over 3 months.
• Early User Airdrops
- 4,500,000 PALM tokens (0.45%)
- Vesting: 100% at TGE
• Insurance funds
- 30,000,000 PALM tokens (3%)
- Vesting: Elicited when there is a loss in the Protocol to compensate for the loss.
• Reserves
- 39,461,393 PALM tokens (3.94%)
- Vesting: Can be claimed at least 6 months after TGE if needed.
