Token Distribution
Last updated
Last updated
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.
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.