$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)