Tokenomics
Elemon ecosystem’s native token is $ELMON
- Name: Elemon
- Symbol: ELMON
- Network: BSC
- Decimals: 18
- Total supply: 2,000,000,000 ELMON
The primary utilities of the token are:
- Farming: ELMON tokens are used for farming Points that users can use for NFT redemption.
- Payment : ELMON tokens are used as a payment currency in NFTs Marketplace along with other tokens
- In the future, Elemon Ecosystem will update with more use cases for the ELMON token.
The total of 2B ELMON tokens will be allocated into the following categories:
The vesting plan is shown in the below table:
Round | Percent | Allocation | Initially | Vesting |
Seed Round | 3.4% | 68,000,000.00 | 6.00% | 6% at TGE, 2% at 3rd week, cliff 8 months then linear vesting every 2 months for 24 months |
Private Round | 13.1% | 262,000,000.00 | 6.00% | 6% at TGE, 2% at 3rd week, cliff 8 months then linear vesting every 2 months for 24 months |
Public Round | 1.00% | 20,000,000.00 | 50.00% | 50% at TGE, lock for 1 month, then linear over 2 months |
Ecosystem + Farming | 31.00% | 620,000,000.00 | 0% | Unlock linear in 50 months |
Team | 18.00% | 360,000,000.00 | 0% | 2.5% at 2nd week, 2.5% at 2nd month, cliff 15 months, then linear vesting over 30 months |
Partners & Advisors | 8.00% | 160,000,000.00 | 0% | 2.5% at 2nd week, 2.5% at 2nd month, cliff 12 months, then linear vesting over 30 months |
Marketing | 20.50% | 410,000,000.00 | 0% | 5% at 2nd week, lock for 2 weeks, then linear over 19 months |
Liquidity | 5% | 100,000,000.00 | | |
Last modified 7mo ago