Tokenomics
Elemon ecosystem’s native token is $ELMON
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Elemon ecosystem’s native token is $ELMON
Last updated
Was this helpful?
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, 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