Tokenomics
TRE is the Turtle Finance platform governance token, which can be used for community voting and revenue acceleration after the Turtle DAO governance function is launched.
Distribution:
Contract address: 0x060399058ecd346d721AFc9FA93875E2c79cE97d
Total TRE token circulation is 100 Million.
Team - 10% of tokens will be unlocked linearly during five years.
1st Round of Seed Investments - 4.5%, 30% of tokens will be released after TGE, 70% progressive vesting for 2 years and with monthly token releases.
2nd Round of Seeed Investments - 8.61%, 30% of tokens will be released after TGE, 70% progressive vesting for 2 years and with monthly token releases.
Marketing - 2% of tokens will be invested in marketing and the entire unlock period lasts three years.
Airdrop - 0.89% of tokens will be launched during the airdrop. The vesting time - after the launch.
Risk Reverse - 10% of tokens will be for accident risk and other uses, the use of funds is determined by the DAO, after the use of a fixed period of repurchase, always maintain 10%.
Advisory Team - 3% will be for advisors who have made a significant contribution to the project.
Mining Rewards - 60% of tokens will be for mining rewards and the vesting time will be 10 years + release cycle.
IDO - 1% of tokens will be for IDO.
Last updated