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$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%
LeagueDAO Governance Token Distribution Chart

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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Outline
What is the token distribution?
How long is the vesting schedule?
How many $LEAG tokens are released each week?