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

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