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.

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