Tokenomics
Learn more about the Cora tokenomics
The Cora token total supply is 100 Million.
The Cora token will be used to govern the protocol, the DAO treasury and to incentivise ecosystem participants.
Token Distribution
The following is the total number of Cora tokens reserved for the different ecosystem participants as a percentage of the total token supply.
Be aware that these percentages and allocations are subject to approval of the Cora DAO and can change.
Token Distribution Glossary
Core Team: The Core team will receive a 20% of the total token supply, vested over 36 months with a cliff period of 6 months after the token generation event.
Investors: The investors will receive a 20% of the total token supply, vested over 24 months with a cliff period of 6 months after the token generation event.
Early Adopters & OG Members: Community members that supported the initial development of the protocol will be awarded an initial token allocation of 3%. This will help to bootstrap the DAO governance and operations.
Advisors: Initial Cora supporters and advisors will get a 2% of the total token supply, vested over 24 months with a cliff period of 6 months after the token generation event.
Treasury: The DAO will control the treasury of the Cora protocol. The allocation will be 55% of the total token supply.
The treasury is intended to be used to foster the development and maintenance of the Cora protocol, and funding programs, including developer grants and liquidity mining programs.
Circulating Supply
Approximately 3% of the total token supply will be in circulation immediately after the governance initiation.
Last updated