Distribution
Overview
In this section you'll find information about the $WARD token distribution and release schedule.
Note that $WARD distribution will be characterized by the following:
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Fair launch mechanism: The WARD token distribution will adopt a fair launch mechanism. This approach ensures a wide and equitable distribution of tokens, preventing market manipulation and ensuring a rapid distribution of stakeholders and community governance.
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Prioritization of active users and supporters: active users of any application or infra within the Warden ecosystem will be recognized ongoing support, along with other eligible protocols and platforms that have contributed to the foundations and culture that has given Warden Protocol the ability to launch.
Main WARD distribution
1B WARD
Distribution description
Category | % | Description | Circulating |
---|---|---|---|
Public goods | 10% | Incentivized testnet and genesis airdrop, and ongoing public good initiatives | 19.4M available at genesis, with accelerated vesting to 64M within the first 6 months and full vesting to 100M over 30 months |
Ecosystem & community | 12% | Allocated for initiatives that contribute to Warden Protocol's ecosystem and community projects | 20M at genesis with linear vest over 30 months |
Liquidity | 5% | Liquidity provisioning on exchanges at listing date | Available at genesis |
Agent incentives & developers | 19% | Agents, developers, and other builder incentives | 20M at genesis and linear vest over 12 months |
Validators and operators | 10% | Initial amount delegated to mainnet validators and operators | Delegated but locked in perpetuity |
Treasury & R&D | 24% | Long term treasury and research programs | 120M available at genesis with linear vest over 12 months |
Core contributors | 20% | Reserved for the development team, advisors, and early contributors | 6 month cliff and 2 year linear vest |