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Yield Farming and LP Incentivization
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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)
Last modified 9mo ago