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Tokenomics

Elemon ecosystem’s native token is $ELMON

Specification

  • Name: Elemon
  • Symbol: ELMON
  • Network: BSC
  • Decimals: 18
  • Total supply: 2,000,000,000 ELMON

Use Cases

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.

Token Allocation

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, 7,67% at 10th month, 7,67% at 12th month, 7,67% at 14th month and 68,99% at 16th month
Private Round
13.1%
262,000,000.00
6.00%
6% at TGE, 2% at 3rd week, 7,67% at 10th month, 7,67% at 12th month, 7,67% at 14th month and 68,99% at 16th month
Public Round
1.00%
20,000,000.00
50.00%
50% at TGE, cliff 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 13 months, then linear vesting over 15 months
Partners & Advisors
8.00%
160,000,000.00
0%
2.5% at 2nd week, 2.5% at 2nd month, cliff 13 months, then 95% at 16th month
Marketing
20.50%
410,000,000.00
0%
Vesting 2.5% every month until 15th month, then linear vesting 3% every month
Liquidity
5%
100,000,000.00