Tokenomics
Last updated
Last updated
Mode ICL Address: 0x95177295a394f2b9b04545fff58f4af0673e839d Base ICL Address: 0x12c26138b666360AB2B7A1B149dF9Cf6642CDfBf
Below you'll find the breakdown for ICL distribution as well as the vesting schedule:
Liquidity: 7.5%
Public: 1.5%
Seed: 7.5%
Strategic Partnerships: 5%
Treasury: 15%
Airdrop: 10.5%
Cod3x Foundation: 10%
Incentives: 35.5%
Ecosystem Grants: 7.5%
7.5% of total supply will be dedicated to supporting $ICL liquidity, allocated strategically across various pools across centralized and decentralized exchanges. Most of this will be unutilized at first, but we will deepen liquidity as more ICL starts to circulate.
1.5% of total supply has been distributed to participants of $ICL’s public sale (LGE) on Superchain One.
7.5% of total supply will be allocated to value-add partners who have helped bootstrap Ironclad, following a 1-year vesting schedule.
5% of total supply will go towards securing important partnerships and facilitating our longer term strategies. Consider these auxiliary funds to be used when seize an opportunity when it’s valuable to do so.
15% of total supply will be placed in the treasury. Treasury funds will be used to fund initiatives to expand Ironclads reach and sustainability, as well as to support $ICL liquidity. This allocation will follow a 48-month linear vesting schedule.
10.5% of total supply has been airdropped to our dedicated users and Embers farmers.
10% of total supply will go to the foundation that backs Ironclad, vested linearly over 12 months. These tokens will be used to fund audits, technical development, and research for Ironclad.
35.5% of the total supply will be dedicated to liquidity incentives over the course of 4 years. The distribution schedule follows a decay as follows:
Year 1: 14% of total supply distributed
Year 2: 9.75% of total supply distributed
Year 3: 6.5% of total supply distributed
Year 4: 5.25% of total supply distributed
Incentives will be used to drive new user-ship of our software. The DeFi yield market is competitive, and we will emit tokens strategically to find our place within it.
Ecosystem grants will be used to fund projects that build on Ironclad, iUSD, and $ICL.
If you still have any questions, please reach out to the Ironclad team in our official Discord.
