# Tokenomics

![](https://3931236349-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MTg9bsJ23imtGvbcYvG%2Fuploads%2FgGHNENjfXGNkrtGt1QNx%2Fplatform-fee-no-logo-new.png?alt=media\&token=d39c8554-4bdb-4440-bb0b-e57ce431bc52)

<table><thead><tr><th width="249.33333333333331">SUMMARY</th><th></th></tr></thead><tbody><tr><td>TOKEN SYMBOL</td><td>LEND</td></tr><tr><td>TOKEN TYPE</td><td>CRC20</td></tr><tr><td>TOTAL SUPPLY</td><td>1,000,000,000</td></tr><tr><td>INITIAL SUPPLY</td><td>19,000,000</td></tr><tr><td>INITIAL MARKETCAP</td><td>TBA</td></tr></tbody></table>

* **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&#x20;
* **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&#x20;
* **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

![](https://3931236349-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MTg9bsJ23imtGvbcYvG%2Fuploads%2FpvBDQyDQwFZfir8FzLC5%2Fseed-chart.png?alt=media\&token=776a0034-686d-4bad-80fb-9ffd0a2575c3)