TEN Finance
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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
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