$NAVY Tokenomics change
Here are the changes:
✂️ Split IDO allocation into IDO, R&D, Ecosystem Grant allocation. In details:
- 20% for IDO, 100% at TGE -> 9% IDO, 50% at TGE
- R&D: 6% allocation with 0% TGE, 6 months cliff, 48 months linear vesting
- Ecosystem Grant: 5% allocation with 0% TGE 4 month cliff, linear vesting in 20 months
🤝 Contributors (team & advisors): 0% TGE, 3 months cliff, 2 year vesting -> 0% TGE, 3 months cliff, 10 year vesting
💰 Treasury: 0% TGE, 11 months cliff, 11 months linear vesting -> 0% TGE, 12 months cliff, 11 months linears vesting
⚠️ Nothing changes with Mining, Seed, Liquidity allocation
-> Due to these changes, we reduced circulated supply at TGE from 22.1% to 14.8%.
With our team’s dedicated effort in refining the #tokenomics, this approach will definitely ensure a stronger and more sustainable #token launch.
We hope for and appreciate your continued support, Navyans!
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