đTokenomics
Overview At the time of GLL TGE (Token Generation Event) total supply of $GLL token was 400 million. These tokens are distributed in the following way:
Funding Reserve
50,000,000
12,5%
Vested over the next 6 months.
Early Backers
20,000,000
5%
Vested over the next 12 months with 6 months cliff. 5% of it (1,000,000 tokens) unlock at TGE for experiments with the network and the (upcoming) tools.
Core Time Lease
80,000,000
20%
This bucket consists of 2 parts: #1st Lease Period and Reserve. 1st Lease Period is vested over the next 12 months. Reserve funds are vested over the next 48 months.
Treasury
40,000,000
10%
Vested over the next 12 months with 6 months cliff.
Adoption Programs
90,000,000
22,5%
Vested over the next 40 months with a 3-month cliff.
Community Initiatives
100,000,000
25%
Funds are divided into 4 categories: Fundrs Sale, Airdrop Campaigns, Listings & MM, and Reserve. Fundrs Sale are vested over the next 3 months, Airdrop Campaigns funds are vested over the next 12 months, Listings & MM are available at TGE, and Reserve funds are vested over the next 36 months.
Development Tech Team
20,000,000
5%
Vested over the next 18 months with 6 months cliff. 5% of it (1,000,000 tokens) unlock at TGE for experiments with the network and the (upcoming) tools.
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