LON is a utility token issued by the Tokenlon DEX, used to align all ecosystem stakeholders and incentivize participation and expansion of the ecosystem.
Explore the tokenomics of Tokenlon(LON) and review the project details below.
What is the allocation for Tokenlon(LON)?
Total amount of LON will be capped at 200,000,000, of which 130,000,000 LON is allocated to the community through the LON Network Incentive Plan (LIP). 49,680,000 LON is allocated to the core team, 10,320,000 LON is allocated to stakeholders, and the remaining 10,000,000 is allocated to the development reserve.
Community - Genesis Mining: Total Distribution: 15,000,000, Initial Circulation: 12,000,000; Traders and referrers' tokens can circulate immediately, while market makers' tokens have a 180-day linear vesting period.
Community - Early Supporters Giveback: Total Distribution: 15,000,000, Initial Circulation: 15,000,000, Immediate circulation.
Community - Liquidity Pool Incentive: Total Distribution: 10,000,000, Released after one year according to the incentive plan.
Community - Continuous Mining Incentive: Total Distribution: 90,000,000, Determined based on economic parameters and trading volume, estimated to be released over five years.
Team: Total Distribution: 49,680,000, Circulation Rules: Two-year linear vesting.
Stakeholders: Total Distribution: 10,320,000, Two-year linear vesting.
Development Fund: Total Distribution: 10,000,000, Two-year linear vesting
What is the supply schedule for Tokenlon(LON)?
To encourage community participation, LIP will gradually complete the distribution of 130,000,000 LON in two phases. The 70,000,000 LON that belongs to the team, stakeholders and the development reserve will be unlocked and released with linear vesting for two years.
LON is a utility token issued by the Tokenlon DEX, used to align all ecosystem stakeholders and incentivize participation and expansion of the ecosystem.