$LEAG Token Distribution
What is the token distribution?
The distribution breakdown is designed to facilitate the most decentralized protocol and make sure power doesn’t reside in the hands of a few.
Initial Supply:
1,000,000,000 tokens with 7% yearly issuance
Contributors & Advisors: 23%
Team — 20%
Advisors — 3%
Seed & League: 15%
League OGs: 3.0%
Seed: 12%
Treasury: 12%
Multi-Sig: 5%
DAO Treasury: 7%
Community: 50%
DAO Staking Rewards: 6%
LP Incentives: 15%
Yield Farming: 8%
Community Discretionary: 8%
Discord Airdrop (anonymous snapshot after 1 month): 3%
Early Adopter incentives: 10%
How long is the vesting schedule?
The vesting schedule is designed so that there is not a giant cliff waiting over user’s heads at a specific point. The tokens allocated to the Founders, Contributors, and Advisors are locked in a smart contract that releases the tokens on a weekly basis over a two year period (100 weeks). The vesting period started with the launch of the Yield Farming mechanism.
How many $LEAG tokens are released each week?
A total of 9,400,000 $LEAG tokens will be distributed weekly.
YF Pools: 3,500,000; (20 Weeks)
XYZ: 500,000
BOND: 500,000
ENTR: 500,000
LINK: 500,000
SNX: 500,000
SUSHI: 500,000
ILV: 500,000
USDC/LEAG SushiSwap Pool: 1,500,000; (100 Weeks)
$LEAG DAO Staking: 600,000; (100 Weeks)
Core Team: 2,000,000 ; (100 Weeks)
Contributors: 1,500,000; (100 Weeks)
Advisors vesting: 300,000; (100 Weeks)
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