TGE Tokenomics
Last updated
Last updated
To start with, the total max supply of $YOM is 300,000,000 (300 mln.) and the total initial market cap at the time of the token generation event is $360,000.
Of the total supply, 30% of the tokens have been sold in multiple rounds. Depending on the token price, the buying party received an alternate vesting schedule associated with it.
This rewarded strategic parties who decide to hold the tokens for a longer period of time - until these too are released to the secondary market. In order to ensure healthy token liquidity, we kept the amount of publicly sold tokens to a minimum (1.33%).
The secondary market pricing of $YOM is not dependent on the effort of the team, and there is no token functionality or scheme designed to control or manipulate such secondary pricing. To emphasize this, we use professional liquidity provider software that exposes every trade on-chain.
The Ecosystem allocation is asssigned to the YOM Foundation, and is used for developing Ecosystem Programs, with the purpose of further growth and adoption.
The DAO allocation is assigned to the DAO, which is responsible for the governance of the content across the YOM ecosystem and the decentralization of the ecosystem.
The team and advisory network share the same vesting schedule that prevents them from selling their first batch of tokens for at least 12 months - thereby signaling trust to the community. As per the acquisition of YOM by a new corporate entity, the team and advisory allocations have been merged.
| Allocation | Tokens (#) | Vesting |
|---|---|---|
(Round 1) Seed | 15.000.000 | 7.5% released at TGE, 18 mo linear unlock |
(Round 2) Private | 71.000.000 | 12.5% released at TGE, 12 mo linear unlock |
(Round 3) Public | 4.000.000 | 100% unlocked |
90.000.000 | 1% released at TGE, 60 mo linear unlock | |
70.000.000 | 0% released at TGE, 60 mo linear unlock | |
Team & Advisors | 30.000.000 | 0% released at TGE, 12 mo cliff, 48 mo linear unlock |
Liquidity Provider | 20.000.000 | 100% unlocked |
