Tokenomics
Token
The Y-Foundry token information:
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Ticker - $YFD
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Emission - Pre-minted
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Supply cap - Fixed
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Total supply - 2,000,000,000
CONTRACT ADDRESS
Distribution
The $YFD token distribution can be seen in the table below. Second to the DAO Treasury, 23% of the token supply goes toward Genesis Contributors and Investors, with 6.9% going toward Airdrops.
| Token | % of YFD | Supply |
|---|---|---|
| YFD DAO Multi-sig | 63.08% | 1,261,600,000 |
| YFD DAO Treasury Contract | 6.92% | 138,400,000 |
| Airdrop | 6.92% | 138,400,000 |
| Investors | 9.08% | 181,600,000 |
| Genesis Contributors | 14% | 280,000,000 |
Cumulative Vesting
Vesting means unlocking of $YFD Tokens. Each category unlocks the tokens as such:
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The Genesis Reserve will be available immediately (4% of token supply)
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Investors (9.08% of token supply) will unlock partial tokens every month, and at the end of 18 months all of their tokens will be unlocked.
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Genesis Contributors will unlock tokens monthly, but for the first 3 months 0 tokens will be unlocked. On the 4th month unlock gets a boost (compensating for the prior 3 months), then equal amounts will unlock each month. Full unlock is reached after 30 months.
Vesting period overview below.
| Party | Total | TGE | Month 4 | Month 18 | Month 30 |
|---|---|---|---|---|---|
| Investors | 9.08% | – | – | – | – |
| Contributors | 10.0% | – | – | – | – |
| Genesis Reserve | 4.0% | – | – | – | – |