Tokenomics

SUMMARY
TOKEN SYMBOL	LEND
TOKEN TYPE	CRC20
TOTAL SUPPLY	1,000,000,000
INITIAL SUPPLY	19,000,000
INITIAL MARKETCAP	TBA

• 2% - 20,000,000 LEND Allocated for Seed Round

  • 5% at TGE, 4 mo. cliff with mo. linear vesting from mo. 5 to 15 at 8.64% per month

• 16% - 160,000,000 LEND Allocated for Private Round

  • 10% at TGE, 3 mo. cliff with mo. linear vesting from mo. 4 to 12 at 10.00% per month

• 2% - 20,000,000 LEND Allocated for Public IDO

  • 15% at TGE, 1 mo. cliff with mo. linear vesting for 5 mo. at 17% per month

• 40% - 400,000,000 LEND Allocated for Lenders & Borrowers

• 15% - 150,000,000 LEND Allocated for LEND LP Rewards

• 10% - 100,000,000 LEND Allocated for Airdrops

  • 3 month cliff, 25% released every 90 days, must hold TENFI tokens to maintain airdrop, otherwise defaulted into rewards pool

• 7.5% - 75,000,000 LEND Allocated for Collaborator Incentives

  • 3 month cliff, 25% released every 90 days

• 7.5% - 75,000,000 LEND Allocated for TEN Finance Dev Team

  • 24 month cliff, then linear vesting over 5 years