Tokenomics
Last updated
Last updated
ZEND has a fixed lifetime token supply of 100,000,000.
Allocation to over 20 high-quality institutional investors and angel investors, with the following vesting schedule:
Seed Investors (6%): 0% unlock upon listing + daily vesting for 24 months
Strategic Investors (11%): 8% unlock upon listing + daily vesting for 24 months
Allocation for the founding team and the board of advisors, with the following vesting schedule:
Team: 0% unlock upon listing + 6-month cliff + quarterly vesting for 36 months
Advisors: 0% unlock upon listing + 6-month cliff + quarterly vesting for 36 months
Allocation earmarked for staking rewards, deposit campaign rewards, distribution rewards and other incentive programmes. No vesting schedule applies, but each rewards and incentives program may apply its own unlocking schedule.
Example of unlock schedule
Airdrop Season 1: 25% unlock upon listing + continuous vesting for 90 days (for users)
Allocation to fund ecosystem partnership, payment for service partners, operating expenses and protocols’ future expansion, with the following vesting schedule: