Tokenomics
SUMMARY | Text |
|---|---|
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
Last modified 1yr ago