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 OPEN token holders: OPEN Holders will be recognized for their early and ongoing support, along with other eligible protocols and platforms that have contributed to the foundations and culture that has given the Warden Protocol the ability to launch.
Main WARD distribution
250M WARD
Distribution description
| Category | % | Description | Circulating |
|---|---|---|---|
| Public goods | 10% | Incentivized testnet and genesis airdrop, and public good initiatives | Available at genesis |
| Ecosystem & community | 20% | Allocated for initiatives that contribute to the Warden Protocol's ecosystem and community projects | Available at genesis locked to governance |
| Developer incentives | 16% | Developer and builder incentives | Available at genesis locked to governance |
| Validators and operators | 10% | Initial amount delegated to mainnet validators and operators | Available at genesis but bonded |
| Treasury & R&D | 24% | Long term treasury and research programmes | 10M available at genesis, linear unlock two year weekly vest |
| Core contributors | 20% | Reserved for the development team, advisors and early contributors | 6 month cliff, two year linear weekly vest |
Release schedule
