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

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