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Token Distribution

4bn Total supply of veC3 Distributed over a 5 year period:
  • 7.5% to the core team, linearly vested over 3 years
  • 7.5% to investors, linearly vested over 3 years
  • 10% for KlimaDAO
  • 75% for Ecosystem incentives over 4 years
The C3 IDO will come from the Ecosystem incentives.
The circulating supply will be based on the IDO at launch and the initial release rate will be around 3m a day.

Initial Emissions:

For the ecosystem incentives, the emission schedule is as below:
  • 45% Year 1
  • 30% Year 2
  • 17.5% Year 3
  • 7.5% Year 4
The initial emissions are currently distributed as below for year 1:
Liquidity:
  • NBO/KLIMA: 10%
  • UBO/KLIMA: 8%
  • C3/FRAX: 8%
  • KLIMA/USDC: 8%
Staking:
  • NBO: 6%
  • UBO: 4%
  • wsKLIMA 3%
Bridging:
  • NBO: 6%
  • UBO: 6%
Misc:
  • VeC3 holders: 1%
  • Unallocated: 40%
The remaining unallocated is given to the DAO, which has free reign on how to allocate. It may be used to increased rewards of a gauge, add grants, used for DAO contributions, or for partnerships.